3317 Montrose Blvd | Houston, TX 77006
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This Retail Property is no longer advertised on LoopNet.com.
3317 Montrose Blvd
Houston, TX 77006
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Commitment: Brand new 15-year lease with 5% rental escalations throughout the initial term and options
- Landlord Responsibilities: Allows for a true passive investment with no management required
- Demographics: Over 179,000 residents and average household incomes of $154,000 within a 3-mile radius
- Location: Asset situated at the intersection of Montrose Boulevard and Lovett Boulevard with over 32,000 vehicles per day
- Tax Benefits: Investors can depreciate land and building due to fee simple ownership. No state income tax
- Credit: Opportunity to acquire an investment grade (S&P: BBB) trophy asset in a tax-free state
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Drug Store
- General Retail Convenience Store
Building Size
17,250 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.39 AC
Parking
64 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
169’ on Montrose Blvd
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
LINKS
PROPERTY TAXES
| Parcel Number | 1179390010001 | Improvements Assessment | $1,758,974 |
| Land Assessment | $11,971,615 | Total Assessment | $13,730,589 |
PROPERTY TAXES
Parcel Number
1179390010001
Land Assessment
$11,971,615
Improvements Assessment
$1,758,974
Total Assessment
$13,730,589
Listing ID: 26848385
Date on Market: 10/13/2022
Last Updated:
Address: 3317 Montrose Blvd, Houston, TX 77006
The Montrose Retail Property at 3317 Montrose Blvd, Houston, TX 77006 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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