12959 Aldine Westfield Rd Houston, TX 77039-5307

Property Details for 12959 Aldine Westfield Rd

Year built

2004

Construction

STEEL FRAME

Lot size

1.39 lot acres

Property size

12,118 SF

Property type

Drug stores

APN

1218780010005

APU

1218780010005

Description

Offered is a 14,800-square-foot Walgreens in Houston, Texas, under an absolute net lease with a corporate guarantee. The property, built in 2004, sits on a 1.39-acre lot with ample parking and multiple access points. The lease, commencing June 1, 2004, and expiring May 31, 2029, has 4.5 years remaining, followed by ten, five-year renewal options. The location boasts a signalized hard corner on Aldine Westfield and Aldine Mail Route Roads, experiencing combined daily traffic exceeding 27,110 vehicles. The strong demographics include over 267,436 residents within a five-mile radius. Proximity to the Hardy Toll Road (60,500 VPD) further enhances accessibility. The tenant recently completed a VillageMD renovation at their own expense. The property is situated near several schools, including Lone Star College-East Aldine Center, Grantham Academy, MacArthur Senior High School, and Stephens Elementary School. This presents a compelling investment opportunity due to the long-term lease, strong tenant, and desirable location. The property enjoys a 100% occupancy rate and a 20-year operating history.

Location Insight

City

Houston

County

Harris

State

Texas

Longitude

-95.3556

Latitude

29.9019

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments