CVS 5306 Avenue I Rosenberg, Texas

$2,400,000
Property type: Commercial
Area (Sq Ft)
13000

The space

  • Year Built: 2003

Description

Zero Cash Flow CVS Drug Store in Rosenberg, TX (Houston Area) with 13 years left on lease.
Low price point. Perfect for Exchange Buyer or Tax exempt entity.
Aprox. $995,000 equity need to assume cash flow loan which will be paid off in 10 years.
Then 3 years rent holiday.
Then free and clear with annual rent at option of $176,606. Year 14 Cap Rate 7.1%

Nice corner in fast growing Rosenberg Tx. which is a suburb of Houston.