Walgreens 3435 Lakeview Pky Local commercial 1 148 m² À vendre Rowlett, TX 75088 3 934 889 € (3 427,04 €/m²) Taux de capitalisation 7,75 %

Solid Investments is pleased to offer for sale the opportunity to acquire a well-established, single tenant Absolute NNN Walgreens drugstore with drive-thru pharmacy, located in Rowlett (Dallas), TX. There are zero Landlord responsibilities and preferred 5-year option structure.
Excellent Assumable Financing — Projected 6.95% Cash on Cash Return based on the existing loan term: 10-Year Fixed Rate @ 6.55% interest, 25-year amortization, ~67% LTV ($1.5M± cash down) with a current balance of $3,100,000 (contact broker for full terms).
Walgreens has successfully occupied this location for over 21 years and there are 3.7± years remaining on the base term. The lease includes preferred renewal options of 10 x 5 year terms, and is corporately guaranteed by Walgreen Co - one of the largest drugstore chains in the US.
This Walgreens is situated on 1.68± acres at the very busy, signalized corner of Lakeview Pkwy/Hwy 66 & Rowlett Rd, with almost 60,000± VPD. It benefits from nearby access to the President George Bush Turnpike, which sees 26,000± VPD. The site is in a high-traffic retail corridor with national tenants like Sprouts, Walmart, Home Depot, Target, and more, driving consumer traffic. Proximity to Rowlett High School and Coyle Middle School adds to local foot traffic.
The 5-mile area serves a robust local population, with over 224,000 residents, and an affluent average household income of $130,931 within a 3-mile radius.