Single-Tenant Retail
For Sale
Contact for pricing
12234 Jones Rd, Houston, TX 77070
CVS pharmacy offered for sale on an absolute net lease with approximately 7.5 years remaining.
Property SizeContact for details
Days on Market118
Property Features for 12234 Jones Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
60,731 vehicles/day
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 23 at 2:30PM
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
Current Use
Lease Details
60,731 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
61k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
Kroger Fuel Center
Shops & Services
13,273 visits/mo
0.1 miles
Jack in the Box
Dining
8,952 visits/mo
0.2 miles
Shell
Shops & Services
8,889 visits/mo
0.4 miles
Chase Bank
Shops & Services
8,631 visits/mo
0.1 miles
SONIC Drive In
Dining
8,102 visits/mo
0.4 miles
Demographics for 77070, TX
52,943
Population
23,272
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
4,073
Density / Sq Mi
$72,440
Median Household Income
$44,073
Median Earnings
$1,571
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
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Similar Off Market Nearby
- CVS Pharmacy — 12234 Jones Rd, Houston, TX 77070
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- 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
Frequently Asked Questions
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)
