Other retailers in the immediate area located along Walzem Road include: McDonald’s, Goodwill, HEB Grocers, Walmart, First Convenience Bank, Little Cesar’s, Harbor Freight, CVS, Domino’s Pizza, Wingstop, Foot Locker, Pizza Hut, Dollar Tree, Game Stop, and IBC Bank.
75 parking spaces
First Termination Date:
Seven (7) Options Every 5 years after 10/2029
Parent Company Trade Name:
9.4 Years Remaining on a Corporate Guaranteed Double-Net (NN) Lease Walgreens is considered S&P investment grade (NASDAQ: WBA) and ranked #17 in Fortune 500 (June 2019). The Double Net Lease provides for minimal landlord responsibilities.
Significant Population Growth Population Grew 12.13% from 2010 to 2019. Projected Growth from 2019 to 2024 is an additional 6.21%..
Unit Level Economics The base rent per Square Foot is below market providing an investor with additional stability knowing Walgreen’s local economics have a positive outlook long-term.