Walgreens - Baytown, TX

Houston, TX MSA – Located in Baytown, TX—a key industrial and residential suburb within the Houston MSA—this Walgreens benefits from access to one of the nation’s most economically diverse metros, home to approximately 7.8million residents.
High-Growth Trade Area – Population and household growth within the 3-miletrade area is projected to increase by approximately 9.30% over the next fiveyears, positioning the property within a growing suburban market andsupporting sustained consumer demand and long-term foot traffic for theWalgreens location.
21% Below Market Cost – At list price, this Walgreens is offeredat $200.73/SF, compared to an average of $256/SF for 10,000–20,000 SF retailproperties in this Baytown submarket per CoStar, positioning the assetat approximately 21.61% below prevailing market pricing.
Affluent Community – This Walgreens serves the Baytown market, east ofHouston, with the 1-mile average household income exceeding $106,000.
High-Visibility Location – Strategically situated at a signalized intersection with exposure to over 46,000 vehicles per day, this Walgreens benefits from exceptional visibility and consistent drive-by traffic.

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