This Retail Property is no longer advertised on LoopNet.com.

1418 E University Dr
Edinburg, TX 78539

Walgreens · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.81 AC
Zoning
CO
Parking
61 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
326 FT on E university

ABOUT 1418 E UNIVERSITY DR , EDINBURG, TX 78539

• Absolute Net Lease – Zero Landlord Responsibility – Truly Passive Income Investment • Top 10 Fastest Growing MSA in the US (CNN Money) • Over 17 Years Remaining on the Primary Term – Guaranteed by Strong Investment Grade Tenant with Enterprise Value of $74 Billion Dollars • Lease Options up to 75 Years’ Worth of Rental Income • Situated on Hard Corner off Hwy 281 and University Dr. • Close Proximity to University of Texas Rio Grande Valley (over 20,000 students) • Benefits from Cross-Border Consumer Traffic • Five Mile Population Exceeds 137,000 People – 50% increase since 2000 • Traffic Counts exceed 23,000 Vehicles Per Day Along E University Dr and 56,000 Vehicles Per Day on US Hwy 281

  • Listing ID: 11150468

  • Date on Market: 1/5/2018

  • Last Updated:

  • Address: 1418 E University Dr, Edinburg, TX 78539