Walgreens

League City

Houston

Call for Details

6.00

CAP Rate

25,000 AADT on W Main St

Population of 161,129 within 5 Miles

5th Most Populous Metro in the U.S.

Property details

Rare Absolute NNN Lease to Walgreens with ~8 Years Remaining
- Eleven (11) 5-Year Renewal Options
- Zero Landlord Maintenance Responsibilities
- Sustainable Market Rent
Largest Retail Pharmacy, Health, & Drug Store Chain in the World
- Ranked #28 on the Fortune 500
- Walgreens and its Parent Companies Have a Presence in More Than 25 Countries, Operate More Than 12,500 Stores, and Employ More Than 311,000 People
Walgreens Boots Alliance Inc. Reported 2024 Revenue of $147.7 Billion and Net Income of $8.6 Billion
- The Company will be Taken Private by Private Equity Firm Sycamore Partners in a $10 Billion Deal Expected to Close in Q4 2025
Signalized, Hard Corner Location with Excellent Access and Visibility
- Strong Traffic Counts on W Main St (25,000 AADT)
Rapidly Growing City in the Houston Metro Area with Strong Economic Growth in the Medical, Aerospace, and Manufacturing Sectors
Affluent, High-Growth Area with Ample Commercial and Residential Development
- Population of 161,128 within 5 Mile Radius
- 59,487 Households within 5 Miles of Site
- Average Household Income of $153,500 within 1 Mile
- Located Across the Street from Rustic Oaks Private Community with Over 500 Homes
7 Miles from Space Center Houston which Has 1.25 Million Visitors per Year
17 Miles from William P. Hobby Airport (HOU) with 14.6 Million Annual Passengers
26 Miles from Downtown Houston
- 5th Most Populous MSA in the U.S. with Population of Nearly 8 Million
No State Income Tax in Texas

Listing leads

Putnam Daily

Managing Partner

CA RE Lic #01750064

Lindsey Snider

Senior Partner