Walgreens (Rent Increases Every 5-Years)

Walgreens (Rent Increases Every 5-Years)

Anna, TX

Anna, TX

Walgreens (Rent Increases Every 5-Years)

Offered for sale is a triple-net leased Walgreens located in Anna, Texas. The property was constructed in 2023 and features a modern lease structure with scheduled rent escalations. It is positioned at the signalized intersection of W White Street and Buddy Hayes Boulevard, just off U.S. Highway 75, within a Walmart-anchored retail corridor with national co-tenancy. The surrounding trade area includes 116,814 residents within a 10-mile radius and is projected to grow by 19%. The area is supported by strong household incomes and ongoing residential development.

Price $6,148,000
Cap Rate 5.40%
Building Size 9,956 sqft
Lot Size 1.25 acres
Year Built 2023
Offering Memorandum

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739

Vincent Knipp

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

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Triple-Net Lease With 12.9 Years Remaining | 2023 Build With Modern Lease Structure Incorporating Rent Increases
  • 2,500%+ Population Growth Since 2000 | One of the Fastest-Growing Cities in North Texas
  • Signalized Corner Location Near U.S. Highway 75 (78,811 VPD) With Direct Corridor Access
  • Positioned Within Walmart-Anchored Retail Corridor With National Co-Tenancy
  • Affluent Trade Area With $147,837 Average Household Income
  • 116,814 Residents Within 10 Miles With +19.42% Projected Growth
  • Surrounded by Rapid Residential Growth Including 1,300+ Unit Master-Planned Community
  • DFW Metro Growth & Stability | #1 U.S. Metro for Population Growth

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739

Vincent Knipp

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

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900
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