PROPERTIES
FOR SALE
 Updated
as of
01/30/12
Click on the
location for a fact sheet on the store as well as a demographic
report and a site plan, where
available. (This information is in PDF
file format and it can be viewed and/or printed with free Adobe
Acrobat Reader).
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ECKERD/CVS DRUG STORES
|
Eckerd/CVS Drug Stores -
With Debt
ALL LEASES HAVE BEEN ASSIGNED TO CVS
PHARMACY, INC
ENTITY AND ARE GUARANTEED BY ECKERD CORPORATION.
Click here for
Summary
Sheet
Click here for
Due
Diligence Page
|
| Location |
Annual
Rent |
Sales Price |
SEC
E. Lufkin & Church St *
Lufkin, TX
Map
|
10/22/02 - 10/21/07 $185,437
10/22/07 - 10/21/12 $190,891
10/22/12 - 10/21/17 $196,345 |
$2,632,979
(7.25% Cap)
Debt as of 12/1/11 = $688,699 |
|
Eckerd/CVS Drug Stores
- All Cash
Bissonnet and Highway 6 locations are
Subleased to Advance Stores Company , Inc. (dba Advance Auto)
Center location is Subleased to Sound Fitness
Click here for
Summary
Sheet
Click here for
Due
Diligence Page
|
|
Location |
Annual Rent |
Sales Price |
11910 Bissonnet & Kirkwood *
Houston, TX
Map |
10/07/08 - 10/06/13 $263,027
10/07/13 - 10/06/18 $268,481 |
$2,922,533
(9% Cap) |
8407 Hwy 6 South *
Houston, TX
Map |
08/20/07 - 08/19/12 $221,366
08/20/12 - 08/19/17 $226,820 |
$2,520,222
(9% Cap) |
7502
Spencer Hwy 6 Center *
Pasadena, TX
Map |
04/13/07 -
04/12/12 $218,807
04/13/12 - 04/13/17 $224,261 |
$2,491,733
(9% Cap) |
* Broker
owner
OTHER PROPERTIES
-
Former Star Furniture site (building size 60,558
sf and land size 2.4411 acres) at 16515 Interstate
45 North, Houston. Sales Price
$4,900,000 or Lease $10.00 psf NNN Contact Tom
Estus
For more information regarding the Eckerd properties, please contact
Bruce Shelby by telephone(713 974-1777, ext. 103), by fax (713 975-2899) or by email to:
bshelby@shelbyestus.com.
The information contained herein while based upon data supplied by
sources deemed reliable, is subject
to errors or
omissions and is not, in any way, warranted by Shelby/Estus Realty
Group, Inc. or by any
agent,
independent associate or employee of Shelby/Estus Realty Group, Inc.
This information is subject
to change without
notice..
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