4201 Highway 71 E | Bastrop, TX 78602
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4201 Highway 71 E
Bastrop, TX 78602
Walgreens Austin MSA $9.7M NNN 14 Yrs · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NET LEASE WITH ±14 YRS REMAINING - This is a NNN lease, has ±14 yrs remaining and no landlord responsibilities whatsoever.
- LIMITED DRUGSTORE COMPETITION - 1 of only 2 Walgreens properties for over 27+ mi. Closest Walgreens is over 3 mi W & CVS is 1.3 mi W of the subject.
- AUSTIN-ROUND ROCK MSA LOCATION - Subject is in the Austin-Round Rock MSA 30 mi SE of downtown Austin and has a population of ±2,200,000 residents.
- SOLID SALES AT THIS LOCATION - This store location reports solid sales performance and sells beer and wine.
- MEDICAL FACILITY LESS THAN 1 MI AWAY - Located 1 mi E of St. David's Emergency Ctr, a full-service emergency room providing on-site medical services.
- HIGH TRAFFIC COUNTS OF 26,000+ VPD - This store is situated on the main Bastrop thoroughfare Highway 71 E, that runs east west into Austin.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,702 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.48 AC
PROPERTY TAXES
| Parcel Number | 23384 | Improvements Assessment | $901,251 |
| Land Assessment | $728,749 | Total Assessment | $1,630,000 |
PROPERTY TAXES
Parcel Number
23384
Land Assessment
$728,749
Improvements Assessment
$901,251
Total Assessment
$1,630,000
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