Retail    

Walgreens

 Austin, TX

Asking Price

$7,863,636

Cap Rate

4.40%

Icons_BuildSize-SqFt-Icon

Square Feet

14,577 SF

Icons_AbsNNN-Icon

Expenses

Abs NNN

Icon_LocationPin-01

Land

2.13 Acres

Icons_Population-Icon

5-mi Pop

63K+

For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Investment-Grade Credit | Walgreens: BBB/Stable (S&P)
  • Premier Retail Location in Affluent West Austin Enclave
  • Austin, Texas MSA: #1 Fastest-Growing Metro in the U.S.
  • 11+ Years Remaining Primary Term
  • Absolute NNN with No Landlord Responsibilities
  • Directly Adjacent to 1.3M SF Galleria (Whole Foods, Cinemark, Dillard’s)
  • $180,000+ Average Household Income within 5-Mi. Radius

Exclusively Listed By

Jason Powell

Senior Director & Partner
  jpowell@stanjohnsonco.com      404.823.6754

Colin Couch

Director
  ccouch@stanjohnsonco.com   

Max Van Dresser

Associate Director
  mvandresser@stanjohnsonco.com   

David Marlett

Senior Analyst
  dmarlett@stanjohnsonco.com   

In Association With
James W. Gibson

TX Lic. #392926

Northmarq

3340 Peachtree Road NE | Suite 650
Atlanta, GA 30326


northmarq.com