Retail Space /TX /Harris County /Cypress /12550 Louetta Rd
Retail Space /TX /Harris County /Cypress /12550 Louetta Rd

12550 Louetta Rd - Drug Store FOR SALE


Cypress, TX 77429 | 
$3,350,000 USD
310-303-9870
12550 Louetta Rd, Cypress, TX for Sale
$3,350,000 USD
Drug Store - FOR SALE
1/7
null | 5.94% Cap Rate
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12550 Louetta Rd
Cypress, TX 77429

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HIGHLIGHTS

  • LONG-TERM OPERATING HISTORY
  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT
  • LOCATED ON HARD, SIGNALIZED CORNER
  • LOCATED IN HOUSTON MSA

OVERVIEW

PRICING: $3,350,000 CAP RATE: 5.94% NOI: $198,925 LEASE EXPIRATION: 10/31/2038 GUARANTEE: CORPORATE

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

5.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy | Cypress, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

-

APN/PARCEL ID

1235510010001

ASK ABOUT THIS PROPERTY

Tony AndersonCBREMore Info
310-303-9870

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Tony AndersonCBREMore Info
310-303-9870

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