6900 Grand Mission Blvd - Drug Store FOR SALE


Richmond, TX 77407- Grand Mission
$5,696,640 USD
910-670-9153
6900 Grand Mission Blvd, Richmond, TX for Sale
$5,696,640 USD
Drug Store - FOR SALE
1/2
null | 6.25% Cap Rate

6900 Grand Mission Blvd
Richmond, TX 77407
Grand Mission


HIGHLIGHTS

  • Extremely High - Growth Trade Area
  • Dense Residential Surroundings
  • Strong Income Profile

OVERVIEW

Surmount is pleased to present the exclusive listing for a CVS Pharmacy located at 6900 Grand Mission Boulevard, Richmond, TX 77407. The site consists of roughly 12,900 rentable square feet of building space on an estimated 1.71 - acre parcel of land. CVS Pharmacy is subject to an Original 25 - year Triple Ne t (NNN) lease. The current annual rent is $356,040 and has scheduled increases of 5.00% in Option.

FOR SALE DETAILS

PRICE

$5,696,640 USD

PRICE/SF

$442 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

None

APN/PARCEL ID

0451-00-000-0102-901

ASK ABOUT THIS PROPERTY

Vincenzo RendaSurmountMore Info
910-670-9153

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

Vincenzo RendaSurmountMore Info
910-670-9153

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