Single-Tenant Retail
12234 Jones Rd Houston, TX 77070
12234 Jones Rd, Houston, TX, 77070
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For Sale
Contact for pricing
CVS pharmacy offered for sale on an absolute net lease with approximately 7.5 years remaining.
Days on Market102
Property Features for 12234 Jones Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Pharma Property Group
(619) 297-0055
Listed by
Jason Pongsrikul · License #CA 01918332
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 4:41PM Checked: Jul 20 at 4:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pharma Property Group
Investment Insights
Based on property information with market context.
Pharma Property Group presents the opportunity to acquire a CVS pharmacy on an absolute net lease with approximately 7.5 years of term remaining and no landlord responsibilities. The lease includes a rental increase of approximately 3.5% at the first option, beginning in February 2028, with income attributed to CVS Corporate with an investment-grade BBB (S&P) credit rating.
The property is positioned at the signalized southeast corner of Jones Road and Cypress North Houston Road. Jones Road is listed at approximately 36,719 vehicles per day and Cypress North Houston Road at approximately 24,012 vehicles per day, for combined daily traffic of approximately 60,731 vehicles per day. Directly across the street is a Walgreens.
Additional nearby context includes Arella on Jones, a new 226-unit luxury senior living development nearing completion, and two major medical facilities: Houston Methodist Willowbrook Hospital and HCA Houston Healthcare Hospital.
The property is positioned at the signalized southeast corner of Jones Road and Cypress North Houston Road. Jones Road is listed at approximately 36,719 vehicles per day and Cypress North Houston Road at approximately 24,012 vehicles per day, for combined daily traffic of approximately 60,731 vehicles per day. Directly across the street is a Walgreens.
Additional nearby context includes Arella on Jones, a new 226-unit luxury senior living development nearing completion, and two major medical facilities: Houston Methodist Willowbrook Hospital and HCA Houston Healthcare Hospital.
Key Highlights
- CVS on an absolute net lease with approximately 7.5 years of lease term remaining and no landlord responsibilities
- Lease provides an approximately 3.5% rental increase at the first option beginning in February 2028
- Tenant is CVS with income guaranteed by CVS Corporate investment‑grade credit rating of BBB (S&P)
Property Analytics
Location Intelligence
Current Use by Public Records
CVS Pharmacy
Pharmacy
Redbox
Cinema
UPS Access Point ...
Courier Service
MoneyGram
Bank
Coinhub Bitcoin ATM ...
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- CVS Pharmacy — 12234 Jones Rd, Houston, TX 77070
- Empower Pharmacy — Texas 77070
- Scripts For Life Pharmacy — 11902 Jones Rd # P, Houston, TX 77070
- sitlausdeo pharmacy — 12123 Jones Rd, Houston, TX 77070
- Ruth's Oils & Essentials — 11600 Jones Rd #101, Houston, TX 77070
FAQs
What type of property is this?
Drug store - CVS pharmacy offered for sale on an absolute net lease with approximately 7.5 years remaining.
Where is this drug store located?
The property is located at 12234 Jones Rd Houston, TX.
What are key features of this property?
This property features: CVS on an absolute net lease with approximately 7.5 years of lease term remaining and no landlord responsibilities; Lease provides an approximately 3.5% rental increase at the first option beginning in February 2028; Tenant is CVS with income guaranteed by CVS Corporate investment‑grade credit rating of BBB (S&P)
