Southlake, TX 76092

Walgreens

Property Address

1701 West Southlake Boulevard, Southlake, TX, USA

Offering Summary

  • Price: $5,750,000
  • Lot Size: 2.6 Acres
  • Cap Rate: 5.30%
  • Year Built: 2000
  • Building SF: 15,120
  • Status: Available
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  • 4 Years Remaining on Lease Term with Corporate Tenant
  • 20+ Year Operating History - Tenant has Occupied Site Since 2000
  • 163,549 Residents within a 5-Mile Radius - Growing Southlake Trade Area within the Dallas/Fort Worth MSA
  • Surrounding Area is Experiencing Rapid Growth with Households and Population Projected to Increase 8-9% by 2025
  • Highly Affluent Trade Area - Average Household Income Exceeds $265,000 in Immediate Area
  • Directly Across from Carroll Senior High School (1,350 Students)
  • Signalized Hard Corner Location - Nearly 50,000 Cars/Day at the Intersection
  • Surrounded by National Retailers - Sprouts Farmers Market, Hobby Lobby, Starbucks, Chipotle, and More

Broker Information