Walgreens

3018 7th Street, Bay City, TX 77414

  • For Sale $4,055,000
  • Property Type Retail - Freestanding
  • Property Size 14,550 SF
  • Lot Size 1.66 Acre
  • Date Updated Apr 2, 2024
Bay City is a city in Matagorda County, Texas, United States. The population was 17,614 at the 2010 census and 18,061 at the 2020 census. It is the county seat of Matagorda County. Matagorda County is a component of the Houston-Woodland-Sugar Land MSA-The 5th Largest Metro Area in the Country Bay City is about an hour drive southwest of Houston and only 20 miles from East Matagorda Bay and the Gulf Shore.This is the opportunity to purchase a long term Absolute NNN Leased Walgreens. The lease calls for zero landlord obligations and is corporately guaranteed. The property benefits from scheduled rental increases every 5 years consistent with the following rental schedule: a rental increase in year 6, a rental increase in year 11 and a rental increase at each option period. This site has excellent access and visibility on a hard corner at a signalized intersection. Walgreens benefits from its position in dense residential area of 7th Street. The surrounding retailers include H-E-B, Starbucks, Family Dollar, and more.

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Attachments

Highlights

  • 13 Year Absolute NNN Lease with Scheduled 5% Rental Increases
  • Zero Landlord Obligations
  • 100% Fee Simple Interest
  • Major Retail Trade Area
  • Hard Corner Location
  • Heavily Trafficked Location
  • Income Tax Free State

Contacts

broker

Kase Abusharkh

The Kase Group

(925) 348-1844

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Bay City, TX
  • Neighborhood Bay City
  • Zip Code 77414

Points of Interest

  • H-E-B Fuel

    0.31 miles

  • La Quinta Inn & Suites Bay City - Tesla Destination

    1.59 miles

  • Best Western Bay City, TX - Tesla Destination

    1.86 miles

  • Pancho's

    0.06 miles

  • Dairy Queen

    0.10 miles

  • Jack in the Box

    0.17 miles

  • LaFuentes Mexican

    0.17 miles

  • Little Caesars

    0.36 miles

  • Church's Chicken

    0.37 miles

  • KFC / Taco Bell

    0.45 miles

  • Fernandez Taqueria

    0.48 miles

  • Davis Barbecue

    0.54 miles

  • Grand Buffet

    0.72 miles

  • H-E-B

    0.23 miles

  • Walmart Supercenter

    1.17 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $2,027,500.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 14,550 square feet.

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Contact Listing Broker

broker

Kase Abusharkh

The Kase Group

(925) 348-1844