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17900 W Lake Houston Pky
Atascocita, TX 77346

CVS | 25yr Abs NNN | $132K Incomes · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,600 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Lot Size
1.95 AC
Parking
56 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
268 ft on West Lake Houston Parkway

Amenities

  • Corner Lot
  • Signalised Intersection
  • Drive Thru

About 17900 W Lake Houston Pky , Atascocita, TX 77346

The CVS Pharmacy with drive-thru is located near the signalized, hard corner intersection of Will Clayton Parkway and W. Lake Houston Parkway (30,300 combined vehicles per day) with excellent visibility and access. The site is located across from a Lifetime Fitness, which increases consumer draw to the immediate trade area and promotes crossover shopping between the two health related concepts. The subject property is two miles south of Atascocita Commons, a 500,000+ SF power center anchored by Target, Lowe’s, H-E-B Grocery, Ross Dress For Less, among other national retailers. The trade area is supported by an affluent population of over 119,000 residents with a highly affluent population base with incomes in excess of $120,000. The trade area has experienced tremendous growth with a historic annual growth that has ranged between 3% - 5%, and continuing to increase. Atascocita (Greater Houston MSA) is undergoing massive development, all of which surrounds the CVS property, further generating more demand for the drugstore. Directly behind the subject property is the Merrylands, is a 91-acre master planned community currently under development by Legend Homes. To the northeast is The Bridges of Lake Houston where 332 acres of land will be developed into approximately 1,000 housing units and mixed-use projects. To the west is The Groves, a mixed-use 1000-acre master-planned community featuring homes between $200,000 - $600,000 with luxury amenities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1387610010002
Land Assessment
£1,014,219
Improvements Assessment
£1,790,854
Total Assessment
£2,805,073
  • Listing ID: 11614428

  • Date on Market: 15/02/2018

  • Last Updated:

  • Address: 17900 W Lake Houston Pky, Atascocita, TX 77346

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