Drug Store
Walgreens | South Texas - International Border | Long Term Absolute Net Lease | Hard Corner
101 W FM 495, San Juan (South Texas), TX 78589
Listing Price: $8,260,000
Investment Overview
San Juan is a city in Hidalgo County, Texas and is part of the McAllen–Edinburg–Mission and Reynosa–McAllen metropolitan areas. The city is known for the Basilica of the National Shrine of Our Lady of San Juan del Valle, one of the largest churches in South Texas. The city is located within the Rio Grande Valley of South Texas, one of the fastest-growing counties in the United States. The Lower Rio Grande Valley commonly known as the Rio Grande Valley or locally as The Valley, is a socio-cultural region spanning the border of Texas and Mexico located in a floodplain of the Rio Grande near its mouth. The region includes the southernmost tip of South Texas and a portion of northern Tamaulipas, Mexico. It consists of the Brownsville, Harlingen, Weslaco, Pharr, McAllen, Edinburg, Mission, San Juan, and Rio Grande City metropolitan areas in the United States and the Matamoros, Río Bravo, and Reynosa metropolitan areas in Mexico. These cities are surrounded by many small neighborhoods or colonias. The area is generally bilingual in English and Spanish, with a fair amount of Spanglish due to the diverse history of the region. A large seasonal influx occurs of “winter Texans” — Texans who come down from the north for the winter and then go back up north before summer arrives.
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations). 11+ Year Historical Occupancy. This Location Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
- Positioned Along Area's Major Retail & Traffic Corridor: Signalized Hard Corner Location - Features Direct Access and Excellent Visibility w/ Daily Combined Traffic Counts Exceeding 39k Vehicles.
- Walgreens is Ranked #16 on Fortune 500 List, #36 On Fortune 500 Global List and has a S&P Investment Grade Credit Rating of "BBB" with an Annual Revenue of $132.5 Billion.
- Located in the Heart of the The Rio Grande Valley, One of the Fastest Growing Regions in the U.S. - Annual Retail Sales exceed $5 billion, 25% Which Comes from Cross-Border Traffic. 13 Miles from the US/Mexico International Border.
- Densely Populated Area: Features more than 204k People Residing within a 5-Mile Radius. The City has been Experiencing a Growth Rate of 38.7% since the 2000 Census.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Drug Store
Walgreens | South Texas - International Border | Long Term Absolute Net Lease | Hard Corner
Listing Price: $8,260,000
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations). 11+ Year Historical Occupancy. This Location Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
- Positioned Along Area's Major Retail & Traffic Corridor: Signalized Hard Corner Location - Features Direct Access and Excellent Visibility w/ Daily Combined Traffic Counts Exceeding 39k Vehicles.
- Walgreens is Ranked #16 on Fortune 500 List, #36 On Fortune 500 Global List and has a S&P Investment Grade Credit Rating of "BBB" with an Annual Revenue of $132.5 Billion.
- Located in the Heart of the The Rio Grande Valley, One of the Fastest Growing Regions in the U.S. - Annual Retail Sales exceed $5 billion, 25% Which Comes from Cross-Border Traffic. 13 Miles from the US/Mexico International Border.
- Densely Populated Area: Features more than 204k People Residing within a 5-Mile Radius. The City has been Experiencing a Growth Rate of 38.7% since the 2000 Census.
Investment Overview
San Juan is a city in Hidalgo County, Texas and is part of the McAllen–Edinburg–Mission and Reynosa–McAllen metropolitan areas. The city is known for the Basilica of the National Shrine of Our Lady of San Juan del Valle, one of the largest churches in South Texas. The city is located within the Rio Grande Valley of South Texas, one of the fastest-growing counties in the United States. The Lower Rio Grande Valley commonly known as the Rio Grande Valley or locally as The Valley, is a socio-cultural region spanning the border of Texas and Mexico located in a floodplain of the Rio Grande near its mouth. The region includes the southernmost tip of South Texas and a portion of northern Tamaulipas, Mexico. It consists of the Brownsville, Harlingen, Weslaco, Pharr, McAllen, Edinburg, Mission, San Juan, and Rio Grande City metropolitan areas in the United States and the Matamoros, Río Bravo, and Reynosa metropolitan areas in Mexico. These cities are surrounded by many small neighborhoods or colonias. The area is generally bilingual in English and Spanish, with a fair amount of Spanglish due to the diverse history of the region. A large seasonal influx occurs of “winter Texans” — Texans who come down from the north for the winter and then go back up north before summer arrives.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By

