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Dark Walgreens | 13+yrs Remain | Paying Rent 510 N Alamo Rd 14,587 SF Retail Building Alamo, TX 78516 $4,161,882 CAD ($285.31 CAD/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- Dark & Paying Rent | Over 13 Years Remaining | Corporate Signed | Scheduled Rental Increases
- Interstate 2 (649,000 SF) | Alamo Corners Center (67,000 SF) |HEB Shopping Center (234,000 SF) | Primary Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
EXECUTIVE SUMMARY
• Lease is corporate signed by Walgreen Co.
• Features 5% rental increases every 5 years throughout initial term, growing NOI and hedging against inflation
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | W0281-00-000-0001-00 | Improvements Assessment | $1,477,999 CAD |
| Land Assessment | $508,394 CAD | Total Assessment | $1,986,393 CAD |
PROPERTY TAXES
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Dark Walgreens | 13+yrs Remain | Paying Rent | 510 N Alamo Rd
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