612-428-7184
1515 N Alexander Dr, Baytown, TX for Sale
Drug Store - FOR SALE
1/16
null | Request Cap Rate

1515 N Alexander Dr
Baytown, TX 77520


HIGHLIGHTS

  • Premier opportunity to acquire a Walgreens property backed by a NNN lease through 2033, ensuring stable and long-term passive income.
  • Prime hard-corner location at the signalized intersection of Alexander Drive and Ward Road in the heart of Baytown, offering strong visibility.
  • Situated in the Houston MSA, one of the most dynamic and economically resilient metropolitan areas in the nation.
  • Surrounded by national tenants like CVS, Chase, Kroger, Advance Auto, Dollar General, Popeyes, Burger King, and Sherwin Williams adding strong value.
  • Built in 2014, this Walgreens features a drive-thru and high-image prototype, with 8 years remaining on the lease and 50 one-year renewal options.
  • Walgreens is the second-largest pharmacy chain in the United States, operating approximately 8,700 locations across all 50 states.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Walgreens at Lighted Intersection

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,845 SF

ZONING

-

APN/PARCEL ID

1335030010001

ASK ABOUT THIS PROPERTY

Michael MarzinskeEncore Real Estate Investment ServicesMore Info
612-428-7184

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Michael MarzinskeEncore Real Estate Investment ServicesMore Info
612-428-7184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.