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13714 State Highway 249
Houston, TX 77086
Walgreens · Retail Property For Sale
Investment Highlights
- HOUSTON, TX / STATE INCOME TAX FREE – Houston is the most populous city in Texas and in the Southern United States.
- DENSE RETAIL THOROUGHFARE – Nearby retailers along Highway 249 include Taco Bell, Firestone Complete Auto Care, Burger King, and more.
- EXCELLENT VISIBILITY + TRAFFIC COUNTS – This Walgreens is easily seen and has direct access to and from the Highway 249 (±46,000 VPD).
- RECENTLY EXTENDED LEASE – Walgreens has elected to take their option with zero concessions or rental incentives asked from current ownership.
- NET LEASE – This lease offers minimal landlord responsibilities ideal for an investor looking for a more passive and secure investment
- BELOW MARKET RENT – Walgreens is only paying $12.40 per square foot. CoStar estimates the market overall rent at $22.81 per square foot.
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,500 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.58 AC
Parking
45 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
123’ on Tomball Pky
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 1181560010001 | Improvements Assessment | $1,412,896 |
| Land Assessment | $1,042,605 | Total Assessment | $2,455,501 |
Property Taxes
Parcel Number
1181560010001
Land Assessment
$1,042,605
Improvements Assessment
$1,412,896
Total Assessment
$2,455,501
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