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11970 Spring Cypress Rd
Tomball, TX 77377

$4,928,571 USD

Drugstore For Sale  •  13,448 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,448 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 2003
  • Tenancy Single
0 Transit Score
44 Walk Score

Highlights

In 2022, Walgreens extended its lease out 10 years, showing the tenant's long-term commitment to the location.
Amplify Tomball (0.5 mi N) and Willow Creek Manor (1.5 mi E) are bringing 434 new MF units to the immediate neighborhood in 2026.
Walgreens is paying $25.27/sf in rent, which is in line with the local retail market rents of $26/sf.
Located in a Houston suburb, the average household income within 1 mile of the property is over $140,000.
Situated on a signalized hard corner with a combined 47k VPD and located less than a 1-mi from the ingress/egress for TX-249 with 101K VPD.
There is over 3.1 million square feet of existing retail space within 2 miles of the property, with a vacancy rate under 4%.

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 29 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Jason Pongsrikul 619-297-0055 Pharma Property Group- Drugstore Specialists
Jason Pongsrikul 619-297-0055 Pharma Property Group- Drugstore Specialists