500 Maxey Rd - Drug Store FOR SALE


Houston, TX 77013- Northshore
$3,712,000 USD
866-934-8284
500 Maxey Rd, Houston, TX for Sale
$3,712,000 USD
Drug Store - FOR SALE
1/13
null | 9% Cap Rate

500 Maxey Rd
Houston, TX 77013
Northshore


OVERVIEW

This freestanding Walgreens with double drive-thru is well positioned on the true hard corner of Maxey Road and Woodforrest Blvd, just 11 miles east of downtown Houston. The neighborhood is densely populated, but under-served by retail ,which results in Walgreens serving as “the corner store” as much as a pharmacy. Texas has no state income tax. Houston is pro-business and pro-growth and growing faster than the rest of the nation.

FOR SALE DETAILS

PRICE

$3,712,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

-

APN/PARCEL ID

1232450010001

ASK ABOUT THIS PROPERTY

John GiordaniDrugstore Property AdvisorsMore Info
866-934-8284

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John GiordaniDrugstore Property AdvisorsMore Info
866-934-8284

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