For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Silsbee Walgreens NNN Investment Opportunity Title is generated by Realmo AI

    496 Highway 96 S, Silsbee, TX 77656

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Freestanding Walgreens with drive-thru on 1.71 acres.

    Type:Retail
    Property size:
    14,550 SF
    Lot size:
    1.71 Acres
    Price / SF:
    $371/SF
    Added:
    May 6, 2024
    Days on Market:
    765
    Last Refresh:
    May 12 at 10:02 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

    We can help!

    Listing Contact
    Gabriel Britti

    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

    HighLights

    • 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.
    • Located near Highway 96 (16,925 VPD) and Silsbee schools, surrounded by national and regional tenants like Walmart and McDonald's.

    Overview

    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 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

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    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

    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.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message