PROPERTIES
FOR SALE
 Updated
as of
03/10/10
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
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Eckerd/CVS Drug Stores -
All Cash
ALL LEASES HAVE BEEN ASSIGNED TO CVS
PHARMACY, INC
ENTITY AND ARE GUARANTEED BY ECKERD CORPORATION.
THE LEASES ARE NOT GUARANTEED BY CVS.
Click here for
Summary
Sheet
Click here for
Due
Diligence Page
|
| Location |
Annual
Rent |
Sales Price |
SEC
College St & 11th St *
Beaumont, TX
Map |
10/14/99 - 10/13/19 $238,850 |
$3,294,483
(7.25% Cap) |
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Eckerd/CVS Drug Stores -
With Debt
ALL LEASES HAVE BEEN ASSIGNED TO CVS
PHARMACY, INC
ENTITY AND ARE GUARANTEED BY ECKERD CORPORATION.
THE LEASES ARE NOT GUARANTEED BY CVS.
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 7/1/10 = $807,026 |
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Eckerd/CVS Drug Stores
- With
Debt
Subleased to Advance Stores Company , Inc. (dba Advance Auto)
Click here for
Summary
Sheet
Click here for
Due
Diligence Page
|
|
Location |
Annual Rent |
Sales Price |
11910 Bissonnet & Kirkwood *
Houston, TX
Map |
10/07/03 -
10/06/08 $257,573
10/07/08 - 10/06/13 $263,027
10/07/13 - 10/06/18 $268,481 |
$3,507,027
(7.5% Cap)
Debt as of 7/1/10 = $1,220,908 |
8407 Hwy 6 South *
Houston, TX
Map |
08/20/02 -
08/19/07 $215,912
08/20/08 - 08/19/12 $221,366
08/20/12 - 08/19/17 $226,820 |
$2,951,547
(7.5% Cap)
Debt as of 7/1/10 = $886,565 |
* 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 or Joe Rollins.
-
7 separate tracts of land for sale at the SEC of
Highway
225 & E. Sam Houston Parkway (Beltway 8), Pasadena, TX.
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.
For more information regarding the other properties, please contact Joe Rollins by
telephone
(713 974-1777, ext. 108), by fax (713 975-2899)
or by email to:
jrollins@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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