Walgreens | Houston — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houston, TX 77013

Photos

Walgreens | Houston — Sale in Houston, TX, photo 1 of 2
Walgreens | Houston — Sale in Houston, TX, photo 2 of 2

Investment Figures

Cap rate
9.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Asset is part of a 3-Pack portfolio with two additional Walgreens located in Minnesota and New York. The Assets are required to sell together as a portfolio. Investment Highlights: • Ranked #41 in the Houston market out of 175 locations per Placer.ai • Located on the hard corner of Maxey Rd and Woodforest Blvd. the asset enjoys 28,500 VPD • 89,100 residents within a 3-mile radius

Market Context

This retail in Houston, TX is listed for sale. It is offered at an approximate 9.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston retail market showed a 5.5% vacancy rate, average asking rents near $21.28/SF/yr, rents up 2.5% year over year, and cap rates around 7.5%. Source: multiple brokerage reports, Q1 2026.

Its 9.5% asking cap rate is above the Houston retail market average of about 7.5%, implying a higher yield (and typically more risk or upside) than comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.5% as of Q1 2026, per multiple brokerage reports.
Is the Houston retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

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