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7610 Mcpherson Rd
Laredo, TX 78041

Walgreens 6 Store NNN Portfolio · Retail Property For Sale

Investment Highlights

  • WALGREENS CORPORATE GUARANTEE (NYSE:WBA)-INVESTMENT GRADE TENANT (S & P BBB)
  • LONG TERM LEASES 14+ to 15+ YEARS WITH OPTION PERIODS
  • STRONG SALES LOCATIONS
  • ABSOLUTE TRIPLE NET LEASE "NO LANDLORD RESPONSIBILITIES"
  • STRONG DEMOGRAPHIC MARKETS
  • DRIVE-THRU PHARMACIES

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.46 AC
Zoning
B-3
Parking
69 Spaces (4.66 Spaces per 1,000 SF Leased)
Frontage
225 FT on McPherson Ave

About 7610 Mcpherson Rd , Laredo, TX 78041

Marcus & Millichap is pleased to present for sale this Walgreens portfolio of six strong performing stores located in Virginia, Georgia, North Carolina, Maryland, Massachusetts and Texas. Walgreens (NYSE:WBA) is a publicly traded company with an S & P Credit Rating of BBB and is ranked #17 in the Fortune 500 (2019). Some financial highlights include 2018 Revenues of $131.537 billion and 2018 Net Profits of $5.024 billion. Walgreen Co. operates over 8,200 stores in all 50 states, the District of Columbia, Puerto Rico and Guam. The company also operates worksite health centers, home care facilities, and specialty and mail service pharmacies. This is an opportunity for an investor to acquire six long term fee-simple Absolute NNN leases Walgreens with zero landlord responsibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
397029
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,845,520
  • Listing ID: 17878588

  • Date on Market: 12/5/2019

  • Last Updated:

  • Address: 7610 Mcpherson Rd, Laredo, TX 78041

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