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601 Loop 274 Rd
Angleton, TX 77515

CVS Pharmacy · Retail Property For Sale

Investment Highlights

  • CVS (NYSE: CVS) provides a strong corporate guarantee for this property.
  • Texas is one of eight states in the United States that has no income tax.
  • ABSOLUTE NNN: The lease has no landlord obligations, making this a very attractive and highly passive investment opportunity.
  • Angleton is situated in the Houston MSA, the fifth largest metropolitan area in the country and one of the fastest growing.
  • With a 25-year lease beginning in 2009, CVS has a remaining +/- 12 years before the end of the initial term w/10 additional 5-year extension options.
  • On Loop 274 (VPD: 21,374), Angleton’s main retail corridor, the property is extremely visible. Excellent accessibility w/3 ingress/egress points.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,229 SF
Building Class
B
Year Built
2009
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
2.21 AC
Parking
48 Spaces (3.93 Spaces per 1,000 SF Leased)
Frontage
78 ft on Anchor Rd

Amenities

  • Pylon Sign
  • Signalised Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6435-0014-009
Land Assessment
£558,783
Improvements Assessment
£1,361,082
Total Assessment
£1,919,865
  • Listing ID: 26727865

  • Date on Market: 28/09/2022

  • Last Updated:

  • Address: 601 Loop 274 Rd, Angleton, TX 77515

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