Revive RX Sale Leaseback
Retail | 23,132 SF
Listing Contacts
See All (3)
License: TX 685165, TX
Active
Asking Price:Unpriced
Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.
Address
3831 Golf Dr, Houston, TX 77018
Show on MapDate Added
Jun 24, 2024
Days on Market
263 days
Time Since Last Update
23 days
Details
Property TypeRetail
SubtypePharmacy/Drug
Investment TypeSale/Leaseback
ClassA
Lease TypeAbsolute NNN
TenancySingle
Lease Term7 years
Square Footage23,132
NOI$480,000
Year Built1982
Year Renovated2020
Lot Size (sq ft)36,465
Rent BumpsYes
Broker Co-OpYes
Sale ConditionSale for leaseback
Marketing Description
Sale Leaseback opportunity in one of the highest growth submarkets in Houston, Texas. The tenant, Revive RX is one of the fastest growing premier licensed compounding and mail order pharmacy’s in the country. Recently renovated 23,132SF building on 0.83AC.
Investment Highlights
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Revive RX - credit tenant - fastest growing compounding pharmacy in Texas.
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7yr Lease Term
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Annual Rent Escalations
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23,132 SF Building
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0.83AC
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Major recent interior & exterior upgrades (New Roof 2024)
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Located in the highly-desirable / high-growth Garden Oaks Submarket. The property offers access to Houston’s Top Urban Communities and business vital hubs.
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$480,000.00
$40,000.00/mo
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Due Diligence
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Listing Contacts
See All (3)- License: TX 685165, TX
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