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10133 Louetta Rd
Houston, TX 77070
Walgreens · Retail Property For Sale
Executive Summary
SVN | Net Lease Texas is pleased to offer this A+ Location Walgreen’s, Store #1645, at 15633 Vintage Preserve Parkway in Houston, Texas. This ”Relocation” Store was Built in 2017 as part of the Vintage Marketplace which includes Exclusive Whole Foods Anchored Retail Center.
The 14,820 SF Property includes a Walgreen’s on 1.698 Acres at the Hard Corner / Signalized Intersection of Louetta Road / Vintage Preserve Parkway. The Louetta Road Traffic Counts are 34,700+ VPD and Vintage Preserve Parkway Traffic Counts are 31,200+ VPD. These tremendous Traffic Counts are complimented by 108,000+ Population and $127,000+ Average Household Income in the (3) Mile Radius.
This Northwest Houston Retail Area is located just off of Highway 249, which has Traffic Counts of 84,000+ VPD. The Neighboring National Retailers / Medical Properties include Chick Fil A, Home Depot, Kroger, CVS, St Luke’s Hospital, MD Anderson Cancer Center and also Lone Star College.
The 14,820 SF Property includes a Walgreen’s on 1.698 Acres at the Hard Corner / Signalized Intersection of Louetta Road / Vintage Preserve Parkway. The Louetta Road Traffic Counts are 34,700+ VPD and Vintage Preserve Parkway Traffic Counts are 31,200+ VPD. These tremendous Traffic Counts are complimented by 108,000+ Population and $127,000+ Average Household Income in the (3) Mile Radius.
This Northwest Houston Retail Area is located just off of Highway 249, which has Traffic Counts of 84,000+ VPD. The Neighboring National Retailers / Medical Properties include Chick Fil A, Home Depot, Kroger, CVS, St Luke’s Hospital, MD Anderson Cancer Center and also Lone Star College.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,820 SF
Building Class
B
Year Built
2017
Price
$6,900,450
Price Per SF
$465.62
Cap Rate
6%
NOI
$414,027
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
8.48 AC
Parking
58 Spaces (3.91 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,286,858 | |
| Land Assessment | $2,250,100 | Total Assessment | $4,536,958 |
Property Taxes
Parcel Numbers
Land Assessment
$2,250,100
Improvements Assessment
$2,286,858
Total Assessment
$4,536,958
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