Walgreens

  • $5,518,248

Overview

  • Walgreens
    Tenant(s)
  • $5,518,248
    Price
  • 6.85%
    CAP Rate
  • $165,000
    Net Operating Income (NOI)
  • 7+ Years
    Lease Term
  • None
    Increases
  • 6/1/2008
    Rent Commencement
  • Abs. NNN
    Lease Type
  • 5/31/2033
    Lease Expiration
  • 10 X 5-Yr
    Options
  • 14,820
    Building Size (SF)
  • 2009
    Year Built
  • 1.41
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

Stonecliff is pleased to present the fee simple interest in the Walgreens property, located at 5781 Kyle Pkwy, Kyle, TX 78640. The property is ranked in the top 75% of all store located across the country (Placer.ai). Situated on a hard-corner signalized intersection with direct exposure to over 47,788 vehicles per day, this asset benefits from exceptional visibility along Kyle’s primary retail corridor just off Interstate 35—approximately 30 minutes south of Austin. The property is positioned in a dense shopping center anchored by national retailers including Walmart, Lowe’s, and Academy Sports + Outdoors, enhancing daily traffic and footfall.

  • Absolute NNN Lease with 7+ Years Remaining Hard Corner Signalized Location Off Kyle Pkwy (47,788 VPD) Dense Shopping Center Featuring Tenants Walmart, Lowes, Academy Outdoors, H-E-B, Target & More Kyle, TX, Located 30 Minutes South of Austin, was Recently Ranked the 2nd Fastest Growing City in the Country Several New Developments Coming to the Area Subject Property is Located Just of I-35 (156,666 VPD)

Property Documents

Walgreens_TX_Kyle-OM

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