Drug Store

Walgreens

400 E FM 2410 Rd, Harker Heights, TX 76548

Listing Price: $5,607,477

Cap Rate
5.35%
Tenant Name
Walgreens
Years Remaining On Lease
11.10
Guarantor
Corporate Guarantee
Rentable SF
14,732
Lease Type
Absolute Net
Rent Per Square Feet
$20.36

Investment Overview

Walgreens is an American pharmaceutical company which operates the largest drug retailing chain in the United States of America. It specializes in serving prescriptions, health & wellness products, health information and photo services. As of August 31, 2019, the company operated 9,277 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It was founded in Chicago, Illinois, in 1901. The Walgreens headquarters office is in the Chicago suburb of Deerfield, Illinois. Harker Heights is located in Texas’ Bell County. With an estimated population of 26,700 people, it is the third-largest city in Bell County, after Killeen and Temple. Harker Heights is located near Fort Hood, a major United States Army post that was designated as a permanent military facility in 1950. As the post expanded, the surrounding civilian population increased.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 11 Years Remaining on Lease Term
  • Walgreens is Classified as an Essential Services Provider
  • Less Than 1 Mile from Seton Medical Center Harker Heights (83 Beds)
  • Visible to 25,240+ Cars/Day Along FM 2410 Road
  • Conveniently Located Immediately Off the I-14 Freeway

Exclusively Listed By

Listing Price: $5,607,477

Cap Rate
5.35%
Tenant Name
Walgreens
Years Remaining On Lease
11.10
Guarantor
Corporate Guarantee
Rentable SF
14,732
Lease Type
Absolute Net
Rent Per Square Feet
$20.36

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 11 Years Remaining on Lease Term
  • Walgreens is Classified as an Essential Services Provider
  • Less Than 1 Mile from Seton Medical Center Harker Heights (83 Beds)
  • Visible to 25,240+ Cars/Day Along FM 2410 Road
  • Conveniently Located Immediately Off the I-14 Freeway

Investment Overview

Walgreens is an American pharmaceutical company which operates the largest drug retailing chain in the United States of America. It specializes in serving prescriptions, health & wellness products, health information and photo services. As of August 31, 2019, the company operated 9,277 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It was founded in Chicago, Illinois, in 1901. The Walgreens headquarters office is in the Chicago suburb of Deerfield, Illinois. Harker Heights is located in Texas’ Bell County. With an estimated population of 26,700 people, it is the third-largest city in Bell County, after Killeen and Temple. Harker Heights is located near Fort Hood, a major United States Army post that was designated as a permanent military facility in 1950. As the post expanded, the surrounding civilian population increased.

Exclusively Listed By

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