Former Walgreens Store - Sublease

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

  • For Lease $12.00/SF/YR
  • 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 5, 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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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)

Spaces Available

Contacts

broker

23 Realty Advisors

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable
  • Transit Score ®

    45/100 Some Transit
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does retail space at 8106 Martin Luther King Jr. Blvd cost?

The asking price for retail space at 8106 Martin Luther King Jr. Blvd is $12.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 8106 Martin Luther King Jr. Blvd?

The property has 16,400 square feet of rentable Freestanding space. Rental opportunities here are available under Modified Gross lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 8106 Martin Luther King Jr. Blvd?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 8106 Martin Luther King Jr. Blvd.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 8106 Martin Luther King Jr. Blvd.

Is 8106 Martin Luther King Jr. Blvd located in a popular area for retail businesses?

The property is part of South Park.

Other popular areas for retail businesses in Houston include Uptown Houston, South Belt - Ellington, Greater Heights.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

23 Realty Advisors

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.