Alamo, TX - Walgreens

Description:

• Over 13 years remaining on lease, tenant paying rent while dark
• Lease is corporate signed by Walgreen Co.
• Features 5% rental increases every 5 years throughout initial term, growing NOI and hedging against inflation

• Located just south of Interstate 2, a major east/west travelling highway which averages 95,400 vehicles passing by daily
• Positioned just down the road from Alamo Corners, a 67,000 square foot shopping center anchored by Planet Fitness, Dollar Tree, and more
• Situated a few miles northeast of HEB Shopping Center, a 234,000 square foot shopping center anchored by HEB Plus
• Located in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Dollar General, Cato, O’Reilly Auto Parts, and more, further increasing consumer traffic to the site
• Strong tenant synergy promotes crossover shopping to the subject property