Walgreens (37,729 VPD)

Walgreens (37,729 VPD)

Temple, TX

Temple, TX

Walgreens (37,729 VPD)

Offered for sale is a double net lease Walgreens located in Temple, Texas. The tenant has exercised its second renewal option, extending the lease term and demonstrating continued commitment to the site, which operates as a corporate-guaranteed store. The 13,573-square-foot property sits on a 1.77-acre parcel with dual-street frontage along South 31st Street and Marlandwood Road (combined 37,729 VPD) and is positioned within a primary retail corridor anchored by Walmart Supercenter and Temple Mall. The site benefits from direct connectivity to H K Dodgen Loop and proximity to major healthcare facilities, including Baylor Scott & White Medical Center and McLane Children’s Medical Center, supporting consistent traffic from surrounding retail and medical demand.

Building Size 13,573 sqft
Lot Size 1.77 acres
Year Built 1996
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Recent Lease Extension | Tenant Exercised Second Option | 9.8 Years Remaining
  • Large 1.77 Acre Parcel | Dual-Street Frontage on South 31st Street and Marlandwood Road (Combined 37,729 VPD)
  • Positioned Within Retail Corridor Anchored by Walmart Supercenter and Temple Mall
  • Direct Connectivity to H K Dodgen Loop (51,733 VPD) — Temple’s Primary Bypass Linking Regional Retail and Residential Growth
  • 640-Bed Baylor Scott & White Medical Center and 115-Bed McLane Children’s Hospital Within 1 Mile
  • 83,180 Residents & 99,051 Daytime Population Driven by Healthcare and Retail Employment (5-Mile Radius)
  • Strategic Location Between Austin and Waco Along the I-35 Corridor
  • National Pharmacy Operator With 8,000+ Locations Nationwide

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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