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4995 Highway 6 N
Houston, TX 77084
Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 4995 HIGHWAY 6 N , HOUSTON, TX 77084
The subject property is a 13,905 square foot building leased to Walgreens (NYSE: WAG). It is located on the northwest corner of the signalized intersection of Keith Harrow and Highway 6 North in Houston, Texas. The property was built in 1996 exclusively for Walgreens who recently extended for an additional seven years on their current term with seven options for an additional 5-years in each option. The current rent is below market at $14.60 PSF ($203,000 annually) allowing for replacement with another tenant should Walgreens not exercise their options. Walgreens roof was replaced approximately two years ago.
PROPERTY TAXES
| Parcel Number | 1188680010001 | Improvements Assessment | $1,488,306 |
| Land Assessment | $1,495,242 | Total Assessment | $2,983,548 |
PROPERTY TAXES
