2700 W Main St - Drug Store FOR SALE


League City, TX 77573
$3,989,000 USD
713-900-5555
2700 W Main St, League City, TX for Sale
$3,989,000 USD
Drug Store - FOR SALE
1/4
null | 6.02% Cap Rate

NEW


2700 W Main St
League City, TX 77573


OVERVIEW

MAZ Real Estate is pleased to exclusively offer the Former CVS Pharmacy at 2700 West Main Street in League City, Texas, FOR SALE at $3,989,000 OR FOR LEASE at $20,000 per month NNN. The offering is a 12,268 SF freestanding building on 2.10 acres, anchoring the signalized hard corner of West Main Street (FM 518) and Landing Boulevard, one of the most heavily trafficked intersections in the trade area at approximately 35,000 vehicles per day. The building is vacant and available, delivering immediate flexibility for an owner-user, a single-tenant lease, or a multi-tenant conversion. Priced below replacement cost, the asset sits directly across from a Walmart Neighborhood Market alongside AutoZone, Chevron, Exxon, Take 5, U-Haul, and Wellby Financial. League City is among the fastest-growing cities in the Houston MSA, with 114,000-plus residents and average household incomes above $130,000 within three miles. The hard corner, visibility, and 2.10-acre site offer multiple paths to value: single-tenant income, multi-tenant conversion, or redevelopment. Further upside is tied to the planned Landing Boulevard expansion, which TxDOT and the City of League City intend to connect to Interstate 45. At $20,000 per month NNN, the property produces a projected $240,000 NOI, a 6.02% return at the asking price. A rare chance to own or occupy an irreplaceable hard corner, below replacement cost.

FOR SALE DETAILS

PRICE

$3,989,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

None

APN/PARCEL ID

4550-0000-0001-000

ASK ABOUT THIS PROPERTY

Zach WeikMAZMore Info
713-900-5555

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Zach WeikMAZMore Info
713-900-5555

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