Walgreens

For Sale

3018 7th Street, Bay City, TX 77414

This Bay City property for sale is located at 3018 7th Street. The current listed sale price for Walgreens is $3,805,385. Walgreens is situated on a lot that is 1.66 acre in size.

Contacts

broker

Kase Abusharkh

The Kase Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,550 SF
  • Lot Size 1.66 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 24, 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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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

Attachments

Getting around

  • 57/100

    Walk Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Bay City, TX
  • Neighborhood Bay City
  • Zip Code 77414

Points of Interest

  • Speedy Stop

    0.09 miles

  • H-E-B Fuel

    0.31 miles

  • La Quinta Inn & Suites Bay City - Tesla Destination

    1.59 miles

  • Exxon

    1.77 miles

  • Best Western Bay City, TX - Tesla Destination

    1.86 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

  • McDonald's

    0.68 miles

  • Grand Buffet

    0.72 miles

  • H-E-B

    0.23 miles

  • Walmart Supercenter

    1.17 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kase Abusharkh

The Kase Group