Freestanding Absolute NNN
For Sale
Contact for pricing
Pending
4042 Lake Shore Harbour Dr, Missouri City, TX 77459
Walgreens occupies the building under an absolute NNN lease with extension options and no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 4042 Lake Shore Harbour Dr
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
82,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 10:06PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This freestanding commercial property is leased on an absolute NNN basis to Walgreen Co., which carries an S&P BBB rating. The lease has more than 6 years remaining and includes 10 five-year extension options. The structure provides zero landlord responsibilities. Walgreens currently subleases the property to Popshelf, a Dollar General brand; the landlord is not a party to that sublease and does not know its terms or rent.
The property sits near the signalized intersection of Sienna Parkway and State Highway 6, where the roadway network supports over 82,000 vehicles per day. Fort Bend Parkway Toll Road is also nearby, with 24,200 VPD. Missouri City Shopping Center is less than 4 miles southeast and contains 364,000 SF, with tenants including Hobby Lobby, Ross, Kohl’s, Office Depot, and PetSmart.
The surrounding area includes Royal Sienna with 330 units, Ravella at Sienna Plantation with 292 units, and SYNC at Sienna with 270 units. The 5-mile trade area has more than 173,000 residents and 23,000 daytime employees, while the 1-mile area reports average household income above $157,000.
The property sits near the signalized intersection of Sienna Parkway and State Highway 6, where the roadway network supports over 82,000 vehicles per day. Fort Bend Parkway Toll Road is also nearby, with 24,200 VPD. Missouri City Shopping Center is less than 4 miles southeast and contains 364,000 SF, with tenants including Hobby Lobby, Ross, Kohl’s, Office Depot, and PetSmart.
The surrounding area includes Royal Sienna with 330 units, Ravella at Sienna Plantation with 292 units, and SYNC at Sienna with 270 units. The 5-mile trade area has more than 173,000 residents and 23,000 daytime employees, while the 1-mile area reports average household income above $157,000.
Key Highlights
- Absolute NNN lease to Walgreen Co. with S&P BBB credit rating
- More than 6 years remaining plus 10 five‑year extension options
- Zero landlord responsibilities under the lease structure
Property Analytics
Current Use
Lease Details
82,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 77459, TX
79,731
Population
28,071
Households
2.8
Avg Household Size
40
Median Age
56%
College-Educated
95%
High-School Grad
31.3 sq mi
ZIP Area
2,547
Density / Sq Mi
$132,758
Median Household Income
$62,335
Median Earnings
$2,031
Median Rent
$367,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Walgreens occupies the building under an absolute NNN lease with extension options and no landlord responsibilities.
Where is this nnn property located?
The property is located at 4042 Lake Shore Harbour Dr Missouri City, TX.
What are key features of this property?
This property features: Absolute NNN lease to Walgreen Co. with S&P BBB credit rating; More than 6 years remaining plus 10 five‑year extension options; Zero landlord responsibilities under the lease structure
