Listed by Marcus & Millichap - Dallas
$6,148,000
Walgreens (Rent Increases Every 5-Years)
Details
APN R-9380-00A-004R-1
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 9,956
Net Rentable (SqFt) 9,956
Units 1
Cap Rate 5.40%
NOI $331,941
Tenancy Single
Brand/Tenant Walgreens
Lease Term 15
Lease Expiration 03/31/2039
Remaining Term 12.9
Rent Bumps Yes
Lease Options Four, 5-Year
Price per SqFt $618
Year Built 2023
Year Renovated 2023
Stories 1
Acreage 1.250
Investment Type Net Lease
Lease Commencement 04/01/2024
Ground Lease No
Affluent Trade Area With $147,837 Average Household Income
Marketing description
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.
Investment highlights
- 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
Listing Contacts
Listed by Marcus & Millichap - Dallas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$331,941.00
$27,661.75/mo
Valuation Metrics
0
DSCR
5.4%
Cap Rate
5.4%
ROI
Map
Zoning
C-2 CommercialNeighborhood CommercialRegional Commercial
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View all 151 uses Last updated Jan 16, 2026 For deeper zoning details, reports are available at Zoneomics
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