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Property ID:
CVS DRUG STORE - FALL CREEK
Property Type:
Fee Simple
| Location: |
E Sam Houston Pkwy
and W. Lake Houston Pkwy. |
| Area Market:
|
Fully Developed, Fall Creek is a master planned
community with 2200 homes and is home to the Shell Houston Open. There
are 5 other master planned developments along Beltway 8 totaling
15,000 new homes. BELTWAY 8 HAS 43,800 vpd SERVICING WELL OVER 40,000
nearby residents. |
| Land Area: |
1.411 acres |
|
Lease Term: |
25 year primary with 5% increase in year 13. A total
of Six (6), Five (5) year options to renew with 5% rental increases
each |
| Lease Type: |
NNN Lease. |
| Commencement:
|
Estimated Fall 2007
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| Annual Rent: |
$348,300 |
| Sales Price: |
$6,332,700 |
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| Contact:
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713.587.0002 |
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The information contained herein is subject to errors,
omissions, change of price, and other terms prior to sale or withdrawal
without notice. The
owners or IncomeProperties.com, Inc., make no warranties, either expressed or implied as to the completeness or accuracy of any
information contained herein.
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