Drug Store Retail
For Sale
$3,666,667
5212 Antoine Drive, Houston, TX 77092
For sale drug store retail property on Antoine Drive in Houston, suited for pharmacy and neighborhood retail uses.
Property Size11,280 SF
Days on Market57
Property Features for 5212 Antoine Drive
General Information
Standard status
Active
Size
11,280 SF
Property subtype
Commercial
Net Operating Income
$220,000
Building Details
Building Size
11,280 SF
Year Built
1999
Listing Agency:
Matthews Real Estate Investments Services | Houston
(949) 777-5984
Listed By:
Brandon Perez · License #02106051 (CA), 10401395154 (NY)
(949) 777-5984
Source:
Matthews
Added: Jun 28
Changed: Aug 8
Last Checked: Aug 23 at 2:23AM
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 Matthews Real Estate Investments Services | Houston
Investment Insights
Based on property information with market context.
This for-sale drug store retail property is positioned for buyers seeking a single-site commercial asset tied to everyday retail demand. As a retail property and space, it supports operational needs typically associated with pharmacy and drug store use, with the layout and improvements designed to serve customers from a dedicated storefront location.
The property is located at 5212 Antoine Drive in Houston, Texas 77092. Being situated on a developed commercial corridor provides straightforward access for customers and supports day-to-day retail traffic patterns common to neighborhood-serving businesses.
Because the offering is specifically categorized as a drug store, it may be a practical fit for an operator or owner looking to maintain continuity with pharmacy or related neighborhood retail formats. Prospective buyers and tenants should review the site’s configuration and any applicable use or licensing requirements as part of their due diligence, particularly if they plan to adapt the property to a different retail concept.
The property is located at 5212 Antoine Drive in Houston, Texas 77092. Being situated on a developed commercial corridor provides straightforward access for customers and supports day-to-day retail traffic patterns common to neighborhood-serving businesses.
Because the offering is specifically categorized as a drug store, it may be a practical fit for an operator or owner looking to maintain continuity with pharmacy or related neighborhood retail formats. Prospective buyers and tenants should review the site’s configuration and any applicable use or licensing requirements as part of their due diligence, particularly if they plan to adapt the property to a different retail concept.
Key Highlights
- Drug store retail property for sale on Antoine Drive in Houston
- Built in 1999
- Suited for pharmacy and neighborhood retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$173,599
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,471,980
$3.5M
Cap Rate 7%
$2,479,986
$2.5M
Cap Rate 9%
$1,928,878
$1.9M
Market Conditions
NOI Build-Up for 11,280 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$243.6K $21.60/SF
− Vacancy
−$12.2K −$1.08/SF
EGI
$231.5K $20.52/SF
− OpEx
−$57.9K −$5.13/SF
NOI
$173.6K $15.39/SF
Area
Houston, TX
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,471,980
Cap Rate 7%
$2,479,986
Cap Rate 9%
$1,928,878
Alternative Uses
Best Use
Specialty Retail
$2.48M
$2.17M – $2.89M
NOI $173,599 @ 7.0% cap · market cap 4.73%
Second Best
Retail
$2.19M
$1.91M – $2.55M
NOI $152,952 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$2.90M
$2.54M – $3.38M
NOI $203,040 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77092, TX
34,903
Population
16,158
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
75%
High-School Grad
8.1 sq mi
ZIP Area
4,309
Density / Sq Mi
$56,741
Median Household Income
$34,895
Median Earnings
$1,228
Median Rent
$222,800
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CVS Pharmacy — 5212 Antoine Dr, Houston, TX 77092
- Burgess Mercantile — 5018 Antoine Dr Ste. B-130, Houston, TX 77090
- Ocenie Drug Emporium — 5003 Antoine Dr, Houston, TX 77092
- Bienestar y nutricion — 5334 Antoine Dr, Houston, TX 77091
- Ozoemena Ezeji — 5212 Antoine Dr, Houston, TX 770923316
Frequently Asked Questions
What type of property is this?
Drug store - For sale drug store retail property on Antoine Drive in Houston, suited for pharmacy and neighborhood retail uses.
Where is this drug store located?
The property is located at 5212 Antoine Drive Houston, TX.
What is the asking price?
The asking price for this property is $3,666,667.
What are key features of this property?
This property features: Drug store retail property for sale on Antoine Drive in Houston; Built in 1999; Suited for pharmacy and neighborhood retail uses
