Walgreens Mansfield, TX

750 N Walnut Creek Dr
Mansfield, TX

Price: $4,600,000
Cap Rate: 6.00%
NOI: $276,000
Building Size: Approx. 15,016 Sq. Ft.
Lot Size: Approx. 1.652 Acres
Type: Single-Tenant / Retail
Sub Category: Pharmacy
Year Built: 2002

Investment Overview

  • 2002 Construction. 15,016+/- SF Building on 1.65+/- Acre Site
  • 25-Year Corporate Net Lease w/ 6+ Years Primary Term Remaining
  • Located along  N Walnut Creek Dr (18K VPD), just S of Hwy 287
  • Super Walmart shadowed Walgreens w/ Above Average Store Sales
  • Signalized Intersection, Highly Visible Site along Main Retail Corridor
  • Mansfield, TX is a high growth suburb of Dallas and Fort Worth
  • Strong Income Demographics w/ $115,972 within a 5-Mile Radius
  • Dallas – Fort Worth MSA | Fastest Growing in the U.S. | Pop: 7M+