496 Highway 96 S Silsbee, TX 77656
Freestanding Walgreens with drive-thru on 1.71 acres.
Type:Retail
Property size:
14,550 SFLot size:
1.71 AcresPrice / SF:
$371/SF- Added:
- May 6, 2024
- Days on Market:
- 720
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 496 Highway 96 S
General Information
- Standard status
- Active
- Size
- 14,550 SF
- Lot size
- 1.71 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agent Gabriel Britti License #FL SL3211804
Listing office Marcus & Millichap - Issenberg Britti Group
Listing date May 6, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group
Overview
Silsbee Walgreens NNN Investment Opportunity
This property is an Absolute Net Leased Walgreens located at 496 Highway 96 S in Silsbee, Texas, north of Beaumont. The property features a 14,550 square foot free-standing building with a drive-thru, situated on a 1.71-acre parcel of land. The building benefits from high visibility at the signalized intersection of 5th Street and W/E Avenue North, with traffic counts exceeding 25,460 vehicles per day. The location along a major thoroughfare provides proximity to Highway 96, which sees more than 16,925 vehicles per day, as well as Silsbee’s Elementary and High School. The surrounding area includes McDonald’s, Taco Bell, Subway, Jack in the Box, Exxon, KFC, Whataburger, Sonic, AutoZone, and Walmart, among other national and regional tenants. Walgreens originally signed a 25-year Absolute NNN lease in 2010 and has over 10 years of the initial term remaining, with ten 5-year options to renew. Walgreens operates the second-largest pharmacy store chain in the United States, with over 8,200 locations across the U.S, District of Colombia, Puerto Rico, and Guam. The company specializes in filling prescriptions, health and wellness products, and other services, and also operates worksite health centers, home care facilities, and specialty and mail service pharmacies.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens
Pharmacy
Walgreens Pharmacy
Pharmacy
Cardtronics ATM
Atm
FedEx OnSite
Postal Service
Similar Places Nearby
- CVS — 685 Hwy 96 S, Silsbee, TX 77656
- CVS Pharmacy — 685 Hwy 96 S, Silsbee, TX 77656
- Walgreens Pharmacy — 496 Hwy 96 S, Silsbee, TX 77656
- Brookshire Brothers Pharmacy — 333 S 5th St, Silsbee, TX 77656
- COVID-19 Drive-Thru Testing at Walgreens — 496 U.S. 96 S, Silsbee, TX 77656
Location Insight
- Map
- Local Demand
- City
- Silsbee
- County
- Hardin
- State
- Texas
- Longitude
- -94.180812
- Latitude
- 30.345161
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Freestanding Walgreens with drive-thru on 1.71 acres.
Where is this drug store located?
The property is located at 496 Highway 96 S Silsbee, TX.
What is the asking price?
The asking price for this property is $5,411,536.
What are key features of this property?
This property features: 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.
