Absolute NNN Walgreens

Highlights:

• Absolute NNN Lease with Zero Landlord Responsibilities
• Long-Term Commitment to the Site with Over 13 Years Remaining in the Original Term and Twelve (12), 5-Year Options Available
• Strong 5% Rent Increases in Each Renewal Offers a Hedge Against Inflation and an Automatic Increase in NOI
• Situated at the Signalized Intersection of US-59 and S Adams St
• Easily Accessible with Multiple Points of Ingress/Egress, a Convenient Drive-Thru, and Ample Parking Spaces
• Walgreens | NASDAQ: WBA | Operates 8,700+ Locations in 50 States
• Prominent Signage Opportunities Along a Major Thoroughfare Surrounded by National Retailers Including KFC, HEB, Subway, and Domino's

Description:

Introducing a prime investment opportunity located at 300 E Houston St, Beeville, TX. This impressive property features a spacious 14,820 SF building, built in 2007 and boasting 100% occupancy with 1 unit. Situated in the thriving Beeville area, this retail/free-standing building presents an exceptional investment potential. With its strategic location and strong tenancy, this property offers a compelling opportunity for retail investors seeking a high-performing asset. Don't miss out on the chance to add this attractive, income-generating property to your portfolio.

Beeville, Texas, offers a dynamic retail environment with a strong mix of national and local businesses, making it an attractive location for investment. As the county seat of Bee County, the city serves as a regional hub, drawing visitors and shoppers from surrounding communities. U.S. Highway 181 runs through Beeville, providing excellent connectivity and steady traffic flow to the area. Major retailers such as Walmart Supercenter, H-E-B, and Tractor Supply Co. contribute to a thriving commercial corridor, ensuring consistent consumer demand.

The presence of Coastal Bend College brings a steady population of students, faculty, and staff, while Christus Spohn Hospital serves as a key employer and healthcare provider, generating ongoing foot traffic. The city's historic downtown district features a blend of charming boutiques, local restaurants, and community events, enhancing the area's appeal. Recreational attractions like Veterans Memorial Park and the Beeville Country Club offer additional lifestyle amenities for residents and visitors. With a growing economy and strong retail presence, Beeville provides an ideal setting for businesses looking to thrive in a well-established market.