12959 Aldine Westfield Rd - Drug Store FOR SALE


Houston, TX 77039- Aldine
$2,389,000 USD
972-755-5205
12959 Aldine Westfield Rd, Houston, TX for Sale
$2,389,000 USD
Drug Store - FOR SALE
1/4
null | 9% Cap Rate

12959 Aldine Westfield Rd
Houston, TX 77039
Aldine


HIGHLIGHTS

  • Absolute Net Lease with 3.9 Years Remaining
  • Signalized Hard Corner Location on Aldine Westfield Road and Aldine Mail Route Road (Combined 27,110 VPD)
  • More than 267,436 Residents Within a Five-Mile Radius
  • Large 1.39 Acre Parcel with Ample Parking and Multiple Access Points
  • One Mile to Hardy Toll Road (60,500 VPD)
  • Numerous Schools Within a One- Mile Radius, Including Lone Star College-East Aldine Center, Grantham Academy, and MacArthur Senior High School

OVERVIEW

Offered for sale is the opportunity to acquire an absolute net lease Walgreens in Houston, TX. The property consists of a 2,400-square-foot, freestanding building that sits on approximately 1.39 acres of land. There are 3.9 years remaining on the lease.

FOR SALE DETAILS

PRICE

$2,389,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

-

APN/PARCEL ID

1218780010005

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.