Former Walgreens Store - Sublease

For Lease

8106 Martin Luther King Jr. Blvd, Houston, TX 77033

You can currently find 1 retail space(s) available for lease at Former Walgreens Store - Sublease. Designated use type for space listed here includes freestanding. Current retail listings at this property total 16,400 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Former Walgreens Store - Sublease.

Space Available For Lease 1

Contacts

broker
Kory Pryor

23 Realty Advisors

Property Details

  • Property Type Retail - Freestanding
  • Property Size 16,400 SF
  • Units 1
  • Lot Size 1.39 Acre
  • Building Class B
  • Year Built 1977
  • Date Updated Aug 13, 2025
* Former Walgreens site located in Near South Submarket of metro Houston. * Hard corner site located on high-visibility 4 way signalized intersection. * High density population area - 2024 pop. over 115K within 3 miles (source: Costar) * Population estimated to climb to over 118K within 3 miles by 2029 (source: Costar) * Close access to Interstate 610 and Interstate 45 * Average HH Income of $51,894 within 3 mile radius (Source: Costar) * High Visibility Location with Ample Parking and Three (3) Access PointsRent: $196,800 Yr. ($12.00/SF) Modified Net (inclusive of RE Taxes only; Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility) Term: Thru 9/30/2027 (co-terminus with Master Walgreens Lease) Premises: Approx. 16,400 SF, plus Drive-Thru Signage: Building + Street-side Pylon Sign Premises Delivery: AS-IS Parking: 64 Estimated Surface Spots PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE
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Highlights

  • Parking: 64 Estimated Surface Spots
  • Premises Delivery: AS-IS
  • Premises: Approx. 16,400 SF, plus Drive-Thru
  • PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE
  • Rent: $196,800 Yr. ($12.00/SF) Modified Net (inclusive of RE Taxes only; Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility)
  • Signage: Building + Street-side Pylon Sign
  • Site: Hard corner site located on high-visibility 4 way signalized intersection.
  • Term: Thru 9/30/2027 (co-terminus with Master Walgreens Lease)

Getting around

  • 65/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Houston, TX
  • Neighborhood South Park
  • Zip Code 77033
  • Market Houston

Points of Interest

  • UH South/University Oaks

    3.48 miles

  • Fannin South

    3.92 miles

  • Kinder Station

    4.70 miles

  • TMC Transit Center

    4.71 miles

  • Dryden/TMC

    4.84 miles

  • M. D. Anderson Station

    4.86 miles

  • Hermann Park/Rice U

    5.01 miles

  • Museum District (northbound)

    5.04 miles

  • Museum District (southbound)

    5.10 miles

  • Altic/Howard Hughes

    5.32 miles

  • Citgo

    1.14 miles

  • Exxon

    1.21 miles

  • Shell

    1.25 miles

  • Chevron

    1.48 miles

  • Mobil

    1.70 miles

  • Valero

    1.84 miles

  • Tesla Supercharger

    2.93 miles

  • Blink

    4.56 miles

  • eVgo

    6.44 miles

  • ChargePoint

    9.41 miles

  • Southeast Park & Ride

    2.76 miles

  • Residential

    3.26 miles

  • Economy Lot

    3.33 miles

  • Cullen Oaks Apartments Parking

    3.36 miles

  • Faculty Parking

    3.53 miles

  • Welcome Center Student Garage

    3.55 miles

  • Cullen Oaks Parking Garage

    3.57 miles

  • Visitor Parking

    3.57 miles

  • Jack in the Box

    0.12 miles

  • KFC

    1.17 miles

  • Popeyes

    1.21 miles

  • Domino's

    1.30 miles

  • Shipley's Donuts

    1.35 miles

  • Wingstop

    1.36 miles

  • McDonald's

    1.47 miles

  • Golden Chick

    1.70 miles

  • Church's Chicken

    2.01 miles

  • Ray's BBQ Shack

    2.79 miles

  • Fiesta

    2.00 miles

  • ALDI

    2.88 miles

  • Kroger

    2.90 miles

  • Ross

    3.35 miles

  • Marshalls

    3.39 miles

  • H-E-B

    3.44 miles

  • Sellers Bros Food Market

    3.52 miles

  • Walmart Supercenter

    3.82 miles

  • Fiesta Mart

    4.79 miles

  • Big Lots

    4.86 miles

8106 Martin Luther King Jr. Blvd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Former Walgreens Store - Sublease asks $12.00/SF/YR per square foot.

  • The property includes 16,400 square feet of retail space for lease. Of this total, 16,400 square feet are Freestanding.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in South Park is 33. The average household income here is $37,081 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kory Pryor

23 Realty Advisors

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