Available For Sale - Retail

14,550 SF | Show Pricing $

AVAILABILITY DETAILS

Size
14,550 SF
Price/SF
Show Pricing $
Listing ID
SA398551
Notes
"

Cap Rate 6.25%

NOI $378,200

Building Size 14,550 sqft

Lot Area 1.53 acres

Lease Type Triple Net

Year Built 2010

Price Per Sqft $415.89

Roof & StructureTenant's Responsibility

HVACTenant's Responsibility

Repairs & MaintenanceTenant's Responsibility



Long Term 15 Year Triple Net (NNN) Lease Investment Opportunity With Zero Landlord Responsibilities

Corporate Guaranty – Walgreen Co. (S&P: BBB), a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA), Operates 9,175 Stores Across 50 States and Reported Total Revenues in Excess of $136 Billion in the 2019 Fiscal Year

Strategically Positioned on a Signalized Corner With Dual Access Off Frayser Blvd and Range Line Rd With a Combined Traffic Count of Over 27,885 VPD

Strong Demographics With a Population of 55,164 Residents Within a 3-Mile Radius of the Property

Population Jumps to Over 142,957 Residents Within a 5-Mile Radius of the Property

Adjacent to the Kroger Anchored Frayser Village Shopping Center"
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Elan Sieder, Sands Investment Gro-Austin