Walgreens | Sulphur Springs ,TX

Retail

1130 S Broadway Sulphur Springs, TX 75482
Price:
$ 7,143,000
Property Size:
13,650 sqft
Cap Rate:
5.25
NOI:
$ 375,000
Lot Size:
1.93 acres
Units:
1
Year Built:
2008
Status:
Sale

INVESTMENT GRADE TENANT CLIENT
Walgreens Boots Alliance, Inc. is number 16 on Fortune 500 and holds an investment grade credit rating of BBB with Standard & Poor’s. Walgreens has TTM Revenues of $141.51 Billion, EBITDA of $1.88 Billion and a Net Worth of $20.64 Billion.

LONG-TERM ABSOLUTE NNN LEASE
The Tenant is operating under a long-term Absolute NNN lease with zero landlord obligations. There are approximately 11.5 years remaining on the primary lease term with additional options to extend.

EXCEPTIONAL LOCATION IN THE HEART OF SULPHUR SPRINGS
Located in the heart of Sulphur Springs just off the intersection of I-30 and Highway 154. Subject Property is at a signalized intersection with nearly 6,000 people living within one mile.

INCOME TAX FREE STATE
Subject Property is in the state of Texas which offers no state income tax.
STRONG STORE SALES
Subject Property boasts strong store sales and is in the top 35% nationwide for foot traffic. Ask broker for details.

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

D. Andrew Ragsdale, Esq.
Senior Managing Director
918.878.9535
Ken Hedrick
Executive Managing Director
918.878.9540
Jerry Hopkins
Executive Managing Director
918.878.9536
Kristian Nielsen
Managing Director
7135995114
Lic #: 557940

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