League City Walgreens - Single tenant investment property
1088 W. Main StreetLeague City, TX 77573
Investment Summary
Purchase Price: $5,430,000
CAP: 6%
NOI: $325,800
Base Rent PSF: $22.48 PSF
Lease Type: Double Net
Landlord Responsibility: Roof & Structure
Leased thru May 1, 2067. Tenant has the right to terminate every 5 years beginning May 1, 2027.
Built in 2001
Building Area: 14,490 SF
Lot Size: 88,669 SF
Available for new market rate debt.
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