Listed by American Value Realty
$5,425,000
Walgreens Lubbock, TX
Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,820
Cap Rate 7.75%
NOI $420,000
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Acreage 1.820
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Walgreens | 7.75% CAP | 14,820 SF
Marketing description
Absolute Triple New Lease Walgreens with 8+ years on lease term, plus 10 x 5 year options. Located 1/2 mile from Downtown Lubboch, the site is located adjacent to a busy Walmart .
Listing Contacts
Listed by American Value Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$420,000.00
$35,000.00/mo
Valuation Metrics
0
DSCR
7.74%
Cap Rate
7.74%
ROI
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