Walgreens, Beaumont MSA (Silsbee), TX SOLD
HIGHLIGHTS
Price: $5,975,000 - 6.25% Cap Rate - Free and Clear of Financing
The subject property is located at 496 Highway 96 in the Beaumont MSA of Silsbee, Texas on the corner of West Avenue N and Highway 96 South along the areas two main traffic and retail corridors. National retailers in the immediate area include McDonalds, Wells Fargo, Jack in the Box, CVS, Shell and many other national and regional retailers. Daily traffic counts in the area are in excess of 26,000.
With 15+ years, remaining on lease, this investment is very stable. This investment is offered free and clear of financing.
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