Walgreens

8530 FM78, Converse, TX
Deal Type:
Net Lease
Price:
$5,560,976
Cap Rate:
6.15%
Current Rent:
$342,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 8.5 years
Renewal Options:
Ten, 5-year options
Building Sq. Ft.:
14,820 SF
Site Size:
2 Acres

Investment Highlights

  • Property located in one of the fastest growing cities in the U.S., with 29% growth rates
  • Located in a densely populated area over 170,000 people within a 5-mile radius
  • Absolute NNN | Zero landlord responsibilities
  • 20% increase in reported sales year over year
  • Hard corner location with 36,000+ VPD combined
  • Nearby National Retailers include: Walmart Supercenter, Topperwein Medical Center, Starbucks, H-E-B, Ross Dress for Less, Chase Bank, Wendy’s

Listing Agents

Breanna Rusk

Vice President
714 722 4110
Breanna@stream-cp.com

Sasha Dominguez

Vice President
786 443 4960
Sasha@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

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