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    Drug Store

    Silsbee, TX Drug Stores for Sale

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    Silsbee Walgreens NNN Investment Opportunity
    Updated: May 6, 2024
    Silsbee Walgreens NNN Investment Opportunity

    496 Highway 96 S, Silsbee, TX 77656

    $5,411,536
    14,550 sqft 1.71 AC lot
    Absolute NNN lease with over 10 years remaining and ten 5‑year options.
    Located on a hard signalized intersection with high visibility and traffic counts exceeding 25,460 per day.
    Walgreens is a publicly traded company and the second‑largest pharmacy chain in the US.
    Free‑standing 14,550 SF building with a drive‑thru.
    Large 1.71‑acre parcel of land.
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    This listing looks promising.

    Here's a quick look at some key insights for

    496 Highway 96 S, Silsbee, TX 77656

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $188K
      Annual

    • Price @ 7% Cap

      $2.68M
      Suggested

    • Property Type

      Commercial (General)
      Built 2009
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Silsbee, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Grocery Store Investment Property
    Grocery Store Investment Property

    100 S Home St, Corrigan, TX 75939

    $1,561,030
    24,605 sqft 1.53 AC lot

    Large multi-entry parcel in Corrigan, TX, positioned for long-term neighborhood retail use.

    View details
    Houston Walgreens NNN Investment Property
    Houston Walgreens NNN Investment Property

    107 W Rankin Rd |, Houston, TX 77090

    $8,822,000

    Trophy Walgreens property with long-term lease and stable cash flow.

    View details
    Freestanding Drugstore with Double Drive-Thru
    Freestanding Drugstore with Double Drive-Thru

    500 Maxey Road, Houston, TX 77013

    Contact for pricing

    Freestanding Walgreens on a hard corner, featuring double drive-thru service and a densely populated, retail-underserved trade area.

    View details
    Pharmacy Retail NNN Lease
    Pharmacy Retail NNN Lease

    485 Texas Ave, Bridge City, TX 77611

    Contact for pricing

    CVS pharmacy at a signalized hard corner intersection is offered on an absolute NNN lease with about 9.5 years remaining.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Thibodaux Land Development Opportunity
    Thibodaux Land Development Opportunity

    179 West Park Avenue, Thibodaux, LA 70301

    $1,800,000
    14.98 AC lot

    Prime land for development near university and health system.

    View details
    Commercial Land in Harker Heights
    Commercial Land in Harker Heights

    2100/2105 Triangle Road, Harker Heights, TX 76548

    $502,500
    1.71 AC lot

    Two commercial lots totaling 1.709 acres in Harker Heights, TX.

    View details
    Commercial Land in Busy Area
    Commercial Land in Busy Area

    114 Hayes St, Houma, LA 70363

    $325,000
    1.58 AC lot

    1.587 acre pad site in a high-traffic commercial area.

    View details
    Commercial Development Land with Easy Access
    Commercial Development Land with Easy Access

    124 Anderson Street, Burleson, TX 76028

    $429,000
    0.39 AC lot

    Build-ready commercial land just off a major corridor with nearby anchors and convenient ingress/egress for customers.

    View details

    Silsbee, TX Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Silsbee, TX on our real estate platform. These investment opportunities span a total of 14,550 square feet of properties for sale, with an estimated market value of $5,411,536.

    Sale prices for pharmacies in Silsbee, TX average $5,411,536 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) +6.8%
    Median Household Income $61,084
    College Educated 20.1%

    High-Yield Neighborhoods for Investment

    Identify Silsbee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    77656 $5.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $32.37 per SF
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hardin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hardin County

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