2700 Main StLeague City, TX 77573

For Sale
$2,700,000
Former CVS Pharmacy, 12,268 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional owner-user opportunity presents a 12,268-square-foot former CVS Pharmacy building situated on a 2.1-acre lot in League City, Texas. Built in 2003, this vacant property is offered at $2,700,000, representing a below-replacement-cost price of $220 per square foot. The property boasts a strong pro-forma NOI of $343,504. Located at the signalized intersection of West Main Street and Landing Boulevard, this high-traffic location sees 35,000 vehicles daily. The property benefits from its proximity to a Walmart Neighborhood Market and other prominent national retailers, including AutoZone, Chevron, and more. League City is experiencing significant residential growth, with a 36.9% population increase between 2010 and 2020. This prime location is further enhanced by nearby medical facilities and the upcoming Flyway development, featuring entertainment, dining, and a Great Wolf Lodge. The property's land value is $27 per square foot, and the parcel number is 4550-0000-0001-000. This presents a unique chance to acquire a substantial retail space in a thriving market, ideal for owner-occupiers seeking to build equity and capitalize on the area's growth.

Highlights

  • Excellent owner-user opportunity; below replacement cost of $220/SF.
  • High-traffic location at signalized intersection of West Main & Landing Blvd (35,000 VPD).
  • Across from Walmart Neighborhood Market and other national retailers.
  • High-growth area with significant population and commercial expansion.

Property Details for 2700 Main St

Property type
Retail properties, Retail space
Square Feet
12,268 SF
Year Built
2003
Buildings
1
Lot Size (sq. ft)
91,476 SF
Units
1

Location Insight

City
League City
County
Galveston
State
Texas
Latitude
29.500801663763
Longitude
-95.126430482198
2700 Main St, League City, Texas

FAQs

What type of property is this?
Retail property - Former CVS Pharmacy, 12,268 SF, Vacant
Where is the retail property located?
The property is located at 2700 Main St League City, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Excellent owner-user opportunity; below replacement cost of $220/SF.; High-traffic location at signalized intersection of West Main & Landing Blvd (35,000 VPD).; Across from Walmart Neighborhood Market and other national retailers.
How can I contact the broker?
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2700 Main St
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