2700 Main StLeague City, TX 77573

Property Details for 2700 Main St

Year built

2003

Lot size

2.28 AC

Property size (Sq ft)

12,268 SF

Property type

Commercial real estate

APN

4550-0000-0001-000

APU

455000000001000

Description

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.

Location Insight

City

League City

County

Galveston

State

Texas

Latitude

29.501

Longitude

-95.1269

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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