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Drug Store

110 S SW Loop 323

110 S SW Loop 323, Tyler, TX 75702

Listing Price: $6,200,000

Cap Rate
7.97%
Tenant Name
Walgreens
Years Remaining On Lease
9.3
Gross SF
15,180
Guarantor
Corporate Guarantee
Rentable SF
15,180
Price/Gross SF
$408.43
Lease Type
Absolute Net
Rent Per Square Feet
$32.54

Investment Overview

Marcus & Millichap is pleased to exclusively offer a 15,180-squarefoot
freestanding Walgreens situated on 1.93 acres in Tyler,
Texas. Located 95 miles east of Dallas on Interstate 20, Tyler
is the largest community (MSA Population: 218,842) in East
Texas. Built-in 2008, Walgreens signed a 25-year absolute
NNN lease which has 10+ years of primary term remaining.

Investment Highlights

  • 10+ Years Remaining in Initial Term
  • Walgreens Corporate Guarantee | Investment Grade Tenant
  • Excellent Visibility with Combined Traffic Count of 47,580 VPD

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Drug Store

110 S SW Loop 323

Listing Price: $6,200,000

Cap Rate
7.97%
Tenant Name
Walgreens
Years Remaining On Lease
9.3
Gross SF
15,180
Guarantor
Corporate Guarantee
Rentable SF
15,180
Price/Gross SF
$408.43
Lease Type
Absolute Net
Rent Per Square Feet
$32.54

Investment Highlights

  • 10+ Years Remaining in Initial Term
  • Walgreens Corporate Guarantee | Investment Grade Tenant
  • Excellent Visibility with Combined Traffic Count of 47,580 VPD

Investment Overview

Marcus & Millichap is pleased to exclusively offer a 15,180-squarefoot freestanding Walgreens situated on 1.93 acres in Tyler, Texas. Located 95 miles east of Dallas on Interstate 20, Tyler is the largest community (MSA Population: 218,842) in East Texas. Built-in 2008, Walgreens signed a 25-year absolute NNN lease which has 10+ years of primary term remaining.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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