1250 S Wheeler St - Drug Store FOR SALE
Jasper, TX 75951 |
$3,941,250 USD
925-549-1155
1250 S Wheeler St
Jasper, TX 75951
HIGHLIGHTS
- CORPORATE GUARANTEE – There are ±9.50 years remaining on the lease which is guaranteed by Walgreens Corporate.
- ABSOLUTE NNN – This lease offers zero landlord responsibilities, ideal for an investor looking for an extremely passive and secure investment.
- EXCELLENT VISIBILITY + TRAFFIC COUNTS – This Walgreens is easily seen as it is situated on the hard corner of S Wheeler St and E Gibson St
- NEARBY NATIONAL RETAILERS – The subject property is located near Walmart, Lowes, McDonald’s, Burger King, Jack in the Box, Taco Bell, Family Dollar,
- LONG TERM OPERATING HISTORY & EARLY EXTENSION – Walgreens has operated at this location since 2003 and had previously elected to extend the lease earl
- PANDEMIC PROOF / ESSENTIAL RETAILER – Walgreens continues to prove its resilience through the Covid-19 pandemic and economic downturn.
FOR SALE DETAILS
PRICE
$3,941,250 USD
PRICE/SF
$273 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WALGREENS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.03 AC
LAND SF
88,427 SF
ZONING
-
APN/PARCEL ID
000002234000
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925-549-1155
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925-549-1155
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