Drug Store
Walgreens (Absolute Net)
12959 Aldine Westfield Rd, Houston, TX 77039
Listing Price: $3,308,000
Investment Overview
Offered for sale is the opportunity to acquire a double net lease Walgreens in Houston, Texas. The property consists of a 14,800-square-foot, freestanding building that sits on 1.39 acres of land. There are 5.1 years remaining on the current lease term and ten, 5-year options remaining.
Investment Highlights
- Absolute Net Lease with 5.1 Years Remaining
- Signalized Hard Corner Location on Aldine Westfield Road and Aldine Mail Route Road; Combined Traffic Counts Exceed 27,110 Vehicles per Day
- More than 267,436 Residents Within a Five-Mile Radius
- Large 1.39 Acre Parcel with Ample Parking and Multiple Access Points
- Tenant Paid for the VillageMD Renovation at Their Own Expense
- 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, MacArthur Senior High School, and Stephens Elementary School
- 20-Year Operating History
Exclusively Listed By
Financing By
Listing Price: $3,308,000
Investment Highlights
- Absolute Net Lease with 5.1 Years Remaining
- Signalized Hard Corner Location on Aldine Westfield Road and Aldine Mail Route Road; Combined Traffic Counts Exceed 27,110 Vehicles per Day
- More than 267,436 Residents Within a Five-Mile Radius
- Large 1.39 Acre Parcel with Ample Parking and Multiple Access Points
- Tenant Paid for the VillageMD Renovation at Their Own Expense
- 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, MacArthur Senior High School, and Stephens Elementary School
- 20-Year Operating History
Investment Overview
Offered for sale is the opportunity to acquire a double net lease Walgreens in Houston, Texas. The property consists of a 14,800-square-foot, freestanding building that sits on 1.39 acres of land. There are 5.1 years remaining on the current lease term and ten, 5-year options remaining.