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| Price $4,407,000 | Built/Renov 1996 | Tenant Walgreens |
| Cap Rate 5.90% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
13,905
| Lease Start
12-09-2014
| #Units
13,532
|
| Price/SF $316.94 | Expiration
12-31-2074
| Tenant Type Pharmacy |
| NOI $260,024 | R. Term 50.4 | Ownership Fee Simple |
| Rent/SF
$18.70
| Increases 0.0%/0/yrs | Pop 5Mi 205,333 |
| Lot/AC 2.00 | Options 0/0yrs | AHHI 5Mi $58,620 |
| | |
Walgreens is strategically located at the signalized, hard corner intersection of S Lancaster Rd and E Ledbetter Drive, with access to a combined daily traffic count of 47,266 vehicles. The property is conveniently situated 0.8 miles from the North Texas Health Care Veterans Hospital and is surrounded by well-known national tenants such as O’Reilly Auto Parts, Burger King, Chase Bank,...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Hospital close
Dense 200M+ pop 5 mi
Top 100 MSA
Income tax free state
Favorable NN+ lease
Traded and rated company
Investment grade tenant
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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