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Off Market
1/2

2401 W Ledbetter Dr
Dallas, TX 75233


HIGHLIGHTS

  • Absolute NNN Lease – Fee simple ownership with zero landlord responsibilities.
  • Tenant pays for CAM, insurance, utilities, taxes, and maintains all aspects of the premises
  • Nearby Retail Synergy – National tenants include Walmart Supercenter, Save-A-Lot, Family Dollar, AutoZone, and more
  • Strong Reported Sales – Strong performing store

OVERVIEW

-Medical Spending – 2018 Annual Consumer Spending in total health care (medical services, prescription drugs, and medical supplied) in the 5-mile radius exceeds $96 million -Dense Dallas Infill Location – Over 250,000 residents in a 5-mile radius. Dallas-Fort Worth-Arlington metropolitan statistical area was the fastest-growing metro area in the U.S. in 2017, with a combined population of 7.4 million residents, according to the U.S. Census Bureau -Prototype Store Format on Signalized Intersection – Double drive-thru store format located on a hard corner intersection with over 48,000 VPD. -Nationally Recognized Investment Grade Tenant – Lease is fully guaranteed by Walgreens Co. (S&P’s Rated BBB). The company is ranked #17 on the Fortune 500, for 2017

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

15048

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

006040000F0020000