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CVS Pharmacy 5440 Atascocita Rd 10,915 SF Retail Building Humble, TX 77346 $5,069,423 CAD ($464.45 CAD/SF) 8.25% Cap Rate
Investment Highlights
- Houston, TX MSA – This CVS is located in Humble, TX, a major retail and residential suburb within the Houston metropolitan area, the 4th largest city
- Affluent Community – This CVS serves the high-income community of Humble, located in Houston’s northeast suburbs near Lake Houston
- Assisted Living Adjacent – The Property is strategically positioned within a healthcare-oriented trade area
- Ranked Among America’s Fastest-Growing Suburbs – The Property is strategically positioned within one of the nation’s most active growth markets.
- High-Visibility Location – Strategically situated at a signalized intersection with exposure to a combined 41,000 vehicles per day
- Income Tax-Free State – Texas boasts one of the nation’s most attractive tax climates
Executive Summary
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, and the CVS name followed the next year. Pharmacies were added to CVS stores in Cranston, Rhode Island, and the business later became part of CVS Health, which expanded the enterprise into retail pharmacy, prescription benefits, and related health services. CVS Pharmacy operates as a retail pharmacy chain with neighborhood, mail-order, and specialty pharmacy services, plus prescription delivery and savings support. The company sells over-the-counter medicines, beauty products, seasonal merchandise, and convenience foods, and offers in-store and virtual care through MinuteClinic and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1231630010004 | Improvements Assessment | $1,725,819 CAD |
| Land Assessment | $1,580,696 CAD | Total Assessment | $3,306,515 CAD |
Property Taxes
Presented by
CVS Pharmacy | 5440 Atascocita Rd
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