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WALGREENS FOR SALE
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NWC – RR 12 @ Bishop San Marcos, Texas (In the heart of I-35 Corridor between Austin & San Antonio)
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Building Size Approximately 14,800 sf - NOI: $369,000 Land Area: 2.30 acres - Cap Rate: Please Phone For Information
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PROPERTY HIGHLIGHTS
The Offering: The Offering: Walgreens Pharmacy located at the NWC of Ranch Rd 12 @ Bishop intersection in northwest San Marcos in the heart of the I-35 Corridor between Austin and San Antonio.
Store location is near the northwest quadrant of the 30,000-student Texas State University campus.
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PROPERTY DETAILS
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- Absolute NNN Lease
- Rent Commencement: February 9, 2009
- Term: 75 year lease with Walgreens right to cancel with 1 year notice after 25th year
- Strong Credit Tenant in Walgreens
- Freestanding, newly-constructed building
- Well suited for private or 1031 exchange investors seeking high-quality replacement property
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FOR INFORMATION AND ASKING PRICE CALL: Charley Walters 713.667.3800 Cunningham Walters Properties
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Simpkins Group, Inc. obtained the information above from Cunningham Walters Properties, LLC. However, Cunningham Walters Properties, LLC & Simpkins Group makes no guarantees, warranties, or representation as to the completeness or accuracy thereof.
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03-25-2010
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