12959 Aldine Westfield RdHouston, TX 77039

This exceptional investment opportunity presents a 14,800-square-foot Walgreens, situated on a 1.39-acre lot in Houston, Texas, at 12959 Aldine Westfield Rd, 77039. The property boasts a prominent location on a signalized hard corner with combined daily traffic exceeding 27,110 vehicles. This absolute NNN net lease features a corporate guarantee from Walgreens, providing exceptional security. The current lease, commencing June 1, 2004, and expiring May 31, 2029, has 4.3 years remaining, with ten 5-year renewal options. The property generates a substantial NOI of $215,000, representing an attractive 8.00% cap rate and a price per square foot of $181.62. Built in 2004, this single-tenant building benefits from ample parking and multiple access points. The property's strategic location is further enhanced by its proximity to major roadways, including the Hardy Toll Road (60,500 VPD), and a dense population base of over 267,436 residents within a five-mile radius. The tenant recently completed renovations at their own expense, demonstrating their commitment to the location. This offering provides a compelling combination of strong tenant credit, long-term lease stability, and a high-yield return on investment. The property is ideally suited for investors seeking a secure, passive income stream in a thriving Houston market.