3920 Garth Rd, Baytown, TX, 77521, US

Walgreens - Baytown, TX

資產詳情

Jones Lang LaSalle Americas, Inc.(“JLL”) is pleased to offer for sale a single tenant Walgreens (the “Property” or “Asset”) offering in Baytown, TX. The Asset is strategically situated adjacent to Houston Methodist Baytown Hospital, a state-of-the-art medical facility that recently completed a $250 million expansion. Prominent retailers also surround the Asset including Lowe’s, Target, Home Depot and Walmart Supercenter which ranks in 84thpercentile of most visited Walmart’s in the nation, per Placer.ai. The surrounding 1-mile area has seen an unprecedented 48% population increase since 2010, making it a top growth region in the state of Texas.

This Walgreens generates strong annual sales of $4.9 million (RX excluded). The Asset features a drive-thru lane and a LabCorp facility, the premiere outpatient clinical and testing provider.

Due to its success at this location, Walgreens will execute a 15-year Absolute NNN lease with contractual increases and (12) 5-year renewal options upon closing of escrow. This Asset provides an opportunity to acquire a long-term cash flow guaranteed by Walgreens Corporate with zero landlord responsibilities.

...

特性

叫價

HK$43,111,000

建築物面積 (建築面積)

14,854 平方呎

使用／出租率

100.00%

落成年份

1993

投資回報率

5.40%

淨營運收入

HK$2,329,000

媒體

投資亮點

This Walgreens features a LabCorp testing site and generates $4.9 million in annual revenues (RX sales excluded)
Multiple shopping centers, apartment complexes, hospitals, distribution centers, businesses, schools, universities, and Exxon’s Oil Refinery plant within a 3-mile radius
The surrounding 1-mile area has seen a 48% population growth since 2010
Brand-new 15-year Absolute NNN lease with periodic rent increases and Twelve (12) renewal options