4313 Andrews Hwy
Midland, TX 79703

Walgreens For Sale | 17.5 Yrs | NNN | Strong Sales Pharma Property Group has been retained as exclusive agent and is pleased to offer investors the opportunity to acquire a Walgreens in Midland, Texas. This Walgreens has strong reported sales of over $4,000,000 as of January 31, 2017. This drive-thru pharmacy has approximately 17.5 years left on the initial lease term with ten (5-year) options to follow. Next option begins February 1,2035. This location is directly across the street from a CVS, making it a strategic corner for both CVS and Walgreens. This Midland Walgreens is near the signalized southeast corner of Andrews Highway and Midland Drive with traffic counts exceeding 50,000 vehicles per day and less than a mile from Highway 250 with over 80,000 vehicles per day. The average household income within a three-mile radius is $106,067 and the population is approximately 90,000 residents within a three-mile radius. The subject property is across the street from Midland Memorial Hospital, a 257-bed general medical and surgical hospital. Nearby are the Grande Communications Stadium and the Security Bank Ballpark within the Scharbauer Sports Complex that houses the Midland-Odessa FC franchise in soccer' s Premier Development League and the Midland RockHounds Minor Lease Baseball team. Midland is the principal city of the Midland, TX MSA and is the midway point between Fort Worth and El Paso on the Texas and Pacific Railroad located approximately 300 miles southwest of Fort Worth and 300 miles east of El Paso. Listed in Association with William Lee Russell TX DRE Lic. 361025