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Walgreens

map5781 Kyle Pkwy, Kyle, TX 78640 external-link

Walgreens

  • Price $5,518,248
  • CAP Rate 6.85%
  • Lease Term 7+ Years
  • Net Operating Income (NOI) $378,000

Property Data

  • Building Size (SF) 14,820
  • Land Size (AC) 1.41
  • Year Built2009
  • Tenant(s) Walgreens
  • Guaranty Corporate
  • Lease Type Abs. NNN
  • Landlord Responsibilities None
  • Increases None
  • Options 10 X 5-Yr
  • Rent Commencement 6/1/2008
  • Lease Expiration 5/31/2033
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About Property

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.

Investment Highlights

  • 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)

Listing Team

vCard-call

Teddy Leonard

teddy@stonecliffre.com

Lic: TX#: 631339