For Sale

Walgreens | Sugar Land, TX

Asking Price: $6,683,000 | Cap Rate: 6%

  • Net Operating Income: $401,000
  • Weighted Avg. Lease Term (WALT): 9 Years
  • Lease Type: Absolute Net

Property Highlights

  • Absolute Triple Net Walgreens; zero landlord responsibility
  • 9+ years remaining on initial term with 10, 5-year options to renew (59 years total term)
  • Dense infill location, over 320,000 people within 5-miles
  • Strong reported sales at this location