6750 Reading Rd - Drug Store FOR SALE


Rosenberg, TX 77471
$4,313,747 USD
847-562-0003
6750 Reading Rd, Rosenberg, TX for Sale
$4,313,747 USD
Drug Store - FOR SALE
1/5
null | 6.79% Cap Rate

6750 Reading Rd
Rosenberg, TX 77471


HIGHLIGHTS

  • Positioned within the Houston MSA – Ranked #5 in the United States for population size
  • Income tax free state – Texas
  • Absolute NNN – No landlord responsibilities
  • Investment grade tenant – S&P: BBB
  • 23%+ projected population growth within a 1-mile radius through 2029
  • 133,000+ people live within a five-mile radius

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant zero cash ?ow CVS property located in Rosenberg, Texas within the Houston MSA. CVS has successfully operated from this location following the completion of construction in 2016. CVS is operating on a long-term lease that runs through January 2042. The lease is absolute triple net and presents no landlord responsibilities. There are ten 5-year renewal options with various rental escalations. Additionally, the property bene?ts from its location in Texas, as an income tax free state. The 14,000 square-foot building is located at a signalized intersection along Reading Road, which carries 21,000 vehicles per day. The site also bene?ts from close proximity to Interstate 69 (69,000 VPD) providing strong regional access. The property is positioned directly across from Brazos Town Center, a dominant regional shopping destination anchored by Target, The Home Depot, Kroger, Kohl’s, Academy Sports, Hobby Lobby, Ross, and numerous additional national retailers. Other nearby tenants include H-E-B, ALDI, Cinemark, Goodwill, and Honda. The site is also located just two miles southeast of B.F. Terry High School, which enrolls approximately 1,500 students. The surrounding trade area continues to experience strong growth, with the population within one mile projected to increase by 23% through 2029. As of 2026, the ?ve-mile radius includes approximately 133,000 residents with an average household income exceeding $114,000. CVS Health Corporation, headquartered in Woonsocket, Rhode Island, stands as the world’s second-largest healthcare company (behind UnitedHealth Group). The organization operates more than 9,000 retail pharmacy locations nationwide, over 1,000 MinuteClinic walk-in medical clinics, the CVS Caremark pharmacy bene?ts manager, Aetna health insurance plans, and comprehensive specialty pharmacy services. With approximately 300,000 colleagues, CVS Health serves more than 100 million people annually, delivering an integrated approach that simpli?es healthcare access, enhances affordability, and promotes overall well-being for patients and communities across the United States.

FOR SALE DETAILS

PRICE

$4,313,747 USD

PRICE/SF

$308 USD /SF

CAP RATE

6.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS (Zero Cash Flow)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,084 SF

ZONING

None

APN/PARCEL ID

0187-00-000-0020-901

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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