WALGREENS

INVESTMENT HIGHLIGHTS:

• STRATEGIC POSITIONING – Situated along the entrance to the Westpark Tollway which sees over 38,000 VPD.
• HEALTHY POPULATION STATISTICS– The surrounding 5 mile radius has over 249,215 people.
• POSITIVE POPULATION GROWTH – The population has grown over 5% in the past 5 years and shows no sign of slowing down.
• SIZEABLE PLOT – The building is situated on a ±2.91 AC lot giving future possibilities for development.
• LONG TERM LEASE – Walgreens has a lengthy 12 years left on the base term of the lease giving an investor a over a decade of tenant stability.
• STRONG GUARANTEE – Backed by Walgreens corporate which has over 8,000 stores over the United States and has a market cap of 40B (NASDAQ: WBA.)
• NEW VILLAGE MEDICAL – The tenant has recently added a Village Medical, which is an in store clinic that offers full service primary care to its customers. Walgreens has paid for all renovations, and additions to add the clinic.
• ABSOLUTE NNN STRUCTURE – Under this (NNN) lease arrangement, the tenant assumes full responsibility responsible for CAM, Insurance, Utilities Taxes and Structure. This allows for completely passive ownership.
• TAX SHIELD – Subject property is located in Texas, which offers no state tax. Additionally this investment is offered fee simple which can be used for bonus depreciation (Speak to a licensed accountant.)
• Josh Longoria & Simon Assaf in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.