Tomball,TX/Tomball
TX

Offering Summary

GENERAL

Property Address

24203 Tomball Pkwy, Tomball, TX 77375

Property Type

Absolute NNN

Buliding size

13,198 ± SF

Land Acreage

FINANCIAL

Price

$4,823,767

Cap Rate

6.00%

Current NOI

$289,426

LEASE

Lease Term

12 years

Lease Expiration

2029-01-31

Overview

  • Built in 2003 - 25 Year Base term with 12 Years Remaining with 10 Five (5) Year Options - Absolute NNN Zero LL responsibilities - Investment Grade Tenant - Tax Free Location
  • CVS Health Corp together with its subsidiaries is one of the largest pharmacy health care providers in the United States - CVS is unique among the big retail drugstore chains in that it operates its own pharmacy benefit management, and is thus, an integrated pharmacy health care provider
  • Tomball is a city in Harris County in the U.S. state of Texas, a part of the Houston metropolitan area. Houston which is the most populous city in Texas and the fourth-most populous city in the United States, located in Southeast Texas near the Gulf of Mexico. With a census-estimated 2014 population of 2.239 million people, within a land area of 599.6 sqm, it also is the largest city in the Southern United States, as well as the seat of Harris County. It is the principal city of Houston-The Woodlands-Sugar Land, which is the fifth-most populated metropolitan area in the United States.