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107 W Rankin Rd
Houston, TX 77090 Greater Greenspoint

$5,631,205 USD

Drugstore For Sale  •  14,820 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,820 SF
  • Lot Size 1.69 AC
  • Building Class A
  • Year Built 2012
  • Cap Rate 7.05 %
  • Tenancy Single
  • Zoning C
32 Transit Score
44 Walk Score

Highlights

Absolute NNN trophy Walgreens with zero landlord responsibilities, with a long term lease (1st termination option in 12 years, as of 11/1/2025)
Ranked in the 98th percentile (top 2%) among all Walgreens stores nationwide and top 2% in the State of Texas (Placer AI)
Superior annual visit count with nearly 618,700 visits in 2025 (Placer AI) and excellent reported sales ranging between $4M and $4.5M per year
Dense retail area in the immediate vicinity, including numerous high-end auto dealerships, retail centers and residential neighborhoods
Houston is the 4 largest city in the U.S and the largest city in Texas, a no income tax state
The Houston MSA is one of the fastest growing metropolitan regions in the U.S with a population estimates around 7.8 Million people
Cap Rate: 7.05 %

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 13 min - 8.3 mi
William P Hobby 42 min - 27.7 mi
Mary Alam, MBA 415-358-2111 NAI Northern California
Mary Alam, MBA 415-358-2111 NAI Northern California