Extremely rare lease duration (62+ years) — most net-lease Walgreens deals on market show 8-15 years remaining. This is a generational hold-term asset that appeals to 1031 buyers under deadline pressure who want to stop the clock on re-trading risk.
Zero landlord management burden — ideal for out-of-state or passive capital, a growing buyer segment actively searching net lease listings weekly.
Signalized hard corner with strong traffic counts — a durable real estate fundamental even if tenant credit softens over time.
Comparable Walgreens NNN sales in Texas have traded between $243–$418/SF — this asset is well positioned within that range.
Co-Broke Commission:
2% to listing broker / 2% to cooperating broker (2%/2% split) on any qualified buyer brought to a successful closing.
Full offering package, lease abstract, and appraisal summary available with LOI and Proof of funds.