2021 Pecan St W - Drug Store FOR SALE
Pflugerville, TX 78660 |
2021 Pecan St W
Pflugerville, TX 78660
HIGHLIGHTS
- Corporate Backed Long-Term Lease – Walgreens has operated at this location for over 28 years and recently extended their lease until August of 2032
- Below Market Rent – Tenant is currently paying below market rent offering significant upside potential
- Walgreens (NASDAQ: “WBA”) has a BBB credit rating by Standard & Poor’s with over $139.5 billion in annual revenue and market cap of $41.82 billion
- Approximately 13 Miles Northeast of Downtown Austin – Over 123,900 residents within a 3-mile radius and over 260,300 residents within a 5-miles radius
- Strong Population Growth – Population counts are expected to grow by approximately 15% within the next four years
- One Block from Pflugerville Heath Care Center and Wells Point Lodge – Premier nursing and senior living facilities
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens - Austin (Pflugerville), TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13500
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
363068
