CVS Pharmacy 2700 W Main St 12,268 SF Retail Building League City, TX 77573 $3,989,000 ($325.15/SF) 6.02% Cap Rate

MAZ Real Estate is pleased to exclusively offer the Former CVS Pharmacy at 2700 West Main Street in League City, Texas, FOR SALE at $3,989,000 OR FOR LEASE at $20,000 per month NNN. The offering is a 12,268 SF freestanding building on 2.10 acres, anchoring the signalized hard corner of West Main Street (FM 518) and Landing Boulevard, one of the most heavily trafficked intersections in the trade area at approximately 35,000 vehicles per day. The building is vacant and available, delivering immediate flexibility for an owner-user, a single-tenant lease, or a multi-tenant conversion.
Priced below replacement cost, the asset sits directly across from a Walmart Neighborhood Market alongside AutoZone, Chevron, Exxon, Take 5, U-Haul, and Wellby Financial. League City is among the fastest-growing cities in the Houston MSA, with 114,000-plus residents and average household incomes above $130,000 within three miles. The hard corner, visibility, and 2.10-acre site offer multiple paths to value: single-tenant income, multi-tenant conversion, or redevelopment.
Further upside is tied to the planned Landing Boulevard expansion, which TxDOT and the City of League City intend to connect to Interstate 45. At $20,000 per month NNN, the property produces a projected $240,000 NOI, a 6.02% return at the asking price.
A rare chance to own or occupy an irreplaceable hard corner, below replacement cost.