Walgreens for Sale in Fort Worth, TX
Fort Worth, TX
Key Investment Metrics
Price
$4,120,000
Cap Rate
5.4%
Net Operating Income
$221,168
Building Size
13741 SF
Land Area
1.52 Acres
Remaining Term
12.3 years
Lease Expiration
10/30/2038
Lease Term
15 years
Lease Commencement
10/23/2023
Lease Type
Absolute NNN
Year Built
1997
Occupancy
100%
Tenancy
Single
Rent Increases
5%/5-Years
Property overview
Walgreens in Fort Worth
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 13,741 SF
- Land area
- 1.52 acres
- Year built
- 1997
- Lease type
- Absolute NNN
- Lease expiration
- 10/30/2038
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.