2735 S State Hwy, Gatesville, TX 76528 For Sale

Absolute NNN Lease with Rental Growth | This lease features an absolute triple-net structure with zero landlord responsibilities, as Walgreens is responsible for taxes, insurance, and all maintenance. Additionally, 5% rental increases every 5 years provide investors with passive income, long-term cash flow growth, and a natural hedge against inflation.

Strong Corporate Guarantee | The subject property's lease is backed by Walgreens Boots Alliance, now owned by Sycamore Partners, a global private equity firm. As one of the world’s largest and most established pharmacy retailers, Walgreens continues to provide investors with long-term security and strong credit-backed stability under its new ownership structure.

Prime Retail Corridor with High-Traffic Neighboring Anchors | This property is directly across from major retail and dining destinations including Walmart, Dollar Tree, Shoe Dept, Burger King, and Murphy USA, positioning Walgreens in a hightraffic shopping corridor and capturing strong cross-shopping and convenience-driven demand.

Strong Demographics with Growing Consumer Base | The Subject property is surrounded by a 3-mile average household income of $72,800 and experiencing 1.3% annual population growth through 2029, the location benefits from a stable and expanding consumer base, supporting long-term retail and pharmacy demand.