Walgreens Brownwood, TX

200 W Commerce St
Brownwood, TX

Price: $7745000
Cap Rate: 5.25%
NOI: $406,593
Building Size: Approx. 14820 Sq. Ft.
Lot Size: Approx. 1.62 Acres
Type: Single-Tenant / Retail
Sub Category: Pharmacy
Year Built: 2008

Investment Overview

  • 14,820+/- SF Building on 1.62+/- Acre Site | 24 Hour Location
  • Initial 75-Year, Corporate NNN Lease w/ 18+ Yrs firm term remaining
  • Located at along W Commerce St ”Hwy 84” (25,000 VPD) & Hwy 377 (20,000 VPD)
  • Across Walmart SC | Near Home Depot, O’Reilly, Firestone, Chili’s, & Whataburger
  • Major Employers: Kohler (1,025 Empl.), BRMC (580 Empl.), 3M Co. (550 Empl.), Brownwood ISD (498 Empl)
  • 3-Mile 2015 estimated population: 17,279 | 5-Mile Average Household Income:  $50,823
  • Brownwood is centrally located in the State of Texas | 135-Miles NW of Austin, 120-Miles SW of Ft. Worth

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