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Walgreens 1060 W Camp Wisdom Rd

15,120 SF Retail Building Dallas, TX 75232 £2,558,190 (£169/SF) 8.35% Net Initial Yield

Investment Highlights

  • As the largest metropolitan area in the South and the fourth largest in the U.S., the Dallas-Fort Worth Metroplex.
  • brand new 10-year lease extension and added 5% rental escalations every 5 years demonstrating the tenant’s commitment to the site.
  • INCOME TAX-FREE STATE – Texas is one of only nine states Nationwide that do not levy a state income tax.
  • This location ranks in the 96th percentile for the number of visits in the state of Texas and is the #1 visited store in a 15-mile radius
  • Walgreens benefits from rare rental escalations of 5% every 5 years, providing a built-in hedge against inflation

Executive Summary

Kyle Matthews
License No. 678067 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
2000
Price
£2,558,190
Price Per SF
£169
Net Initial Yield
8.35%
NOI
£213,609
Tenancy
Single
Number of Floors
1
Building FAR
0.25
Lot Size
1.41 AC
Zoning
CRD-Dallas
Frontage
331 ft on W. Camp Wisdom Rd.

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PROPERTY TAXES

Parcel Number 006639000C0100000 Improvements Assessment £1,091,710
Land Assessment £384,518 Total Assessment £1,476,228

PROPERTY TAXES

Parcel Number
006639000C0100000
Land Assessment
£384,518
Improvements Assessment
£1,091,710
Total Assessment
£1,476,228
(512) 430-4466

Contacts

  • Listing ID: 33626482

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: 1060 W Camp Wisdom Rd, Dallas, TX 75232

The Retail Property at 1060 W Camp Wisdom Rd, Dallas, TX 75232 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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© 2024 CoStar Group

Walgreens | 1060 W Camp Wisdom Rd
(512) 430-4466 x

Walgreens | 1060 W Camp Wisdom Rd

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Christian Becker

(512) 430-4466

(512) 430-4466

Conrad Sarreal

(214) 692-2847

(214) 692-2847

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