Contacts
CBRE
CBRE
CBRE
CBRE
CBRE
Property Details
- Property Type Retail
- Property Size 14,560 SF
- Lot Size 1.89 Acre
- Cap Rate % 6.25
- Additional Rent Contact for pricing
- Year Built 2004
- Date Updated Nov 27, 2024
- Visibility/Traffic Count (VPD) 44,616
ABSOLUTE TRIPLE NET (NNN) LEASE The property is subject to an Absolute Triple Net (NNN) lease, resulting in zero landlord management responsibilities. The tenant is responsible for taxes, insurance, and all maintenance & repairs at the property, including roof and structure, providing a totally passive ownership structure for an investor.
EXCELLENT SITE-LEVEL VISIBILITY Walgreens benefits from its location on the hard, signalized corner of the intersection of W Round Grove Rd and S Valley Pkwy, which has combined traffic counts of 42,275 vehicles per day. The property also benefits from its proximity to State Hwy 121, which has traffic counts of 44,616 daily vehicles in this area.
CORPORATE GUARANTEE FROM WALGREENS The lease is corporately guaranteed by Walgreens Boots Alliance, the second largest pharmacy retail chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens operates 9,000+ locations and has annual revenue exceeding $139 billion, making it one of the ten largest retailers in the country.
DALLAS FORT WORTH INTERNATIONAL AIRPORT The Dallas Fort Worth International Airport (DFW) is located just 6 miles south of the property. It is the second-busiest airport in the world by passenger traffic, serving over 81 million passengers in 2023. It’s also the largest hub for American Airlines, which operates the second-largest single airline hub in the United States at DFW.
Reach out to the broker for more info on lease terms and amenities
Getting around
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54/100
Walk Score ®
-
42/100
Bike Score ®
Location
- City Lewisville, TX
- Neighborhood Valley Oaks
- Zip Code 75067
- Market Dallas Fort Worth
Points of Interest
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Old Town
3.41 miles
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Hebron
3.57 miles
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North Carrollton/Frankford Station
4.92 miles
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Highland Village/Lewisville Lake
5.30 miles
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DFW Airport North
5.43 miles
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Trinity Mills
5.71 miles
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Trinity Mills Station
5.71 miles
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Grapevine-Main Street
6.06 miles
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Grapevine Vintage Railroad
6.08 miles
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A8-A21
7.00 miles
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Tom Thumb 1785 Fuel Station
0.08 miles
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Volta
0.14 miles
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QuikTrip
0.26 miles
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RaceTrac
0.85 miles
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ChargePoint
0.85 miles
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Charge Point
0.89 miles
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S&S Texaco
0.98 miles
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Texaco
1.09 miles
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Sunoco
1.21 miles
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Valero
1.45 miles
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Nationstar Mortgage Parking
1.16 miles
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Nationstar Mortgage Convergence Parking
1.20 miles
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Doggie's Wonderland Parking
3.57 miles
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Dove Loop Boat Ramp
4.84 miles
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Boat Trailer Parking
4.98 miles
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DFW Airport North Station - Park and Ride
5.45 miles
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Remote North
5.82 miles
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DFW North Cell Phone Lot
5.86 miles
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Grapevine Main Street Parking Garage
6.06 miles
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Employee Lot
6.35 miles
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Bahama Buck's
0.04 miles
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McDonald's
0.04 miles
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Subway
0.11 miles
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Wok N Roll
0.12 miles
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Marco's Pizza
0.16 miles
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Seven Tastes
0.19 miles
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Taco Bell
0.29 miles
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D'oh!Nuts
0.38 miles
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Chante Mexican Grill & Cantina
0.38 miles
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Feng Cha
0.41 miles
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Tom Thumb
0.17 miles
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Indopak Super Market
1.31 miles
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Chokhlei Market
1.49 miles
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Kroger
1.58 miles
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Dollar Pointe
1.66 miles
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D&M Mini Mart
1.67 miles
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Walmart Supercenter
1.72 miles
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La Michoacana Supermarket
2.06 miles
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Market Street Coppell
2.07 miles
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Yangon Grocery Store
2.09 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
