Grant Kaku

Senior Associate

818.212.2686

"

You can never stop learning. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Zweiban

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

"

The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Walgreens

5760 Walzem Road, San Antonio, TX 78218

Price:
$3,708,750
CAP Rate:
6.00%
NOI:
$222,480
Net Rentable Area:
14,004 SF
Lot Size:
1.17 Acres
Year Built:
1999
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Walgreens has occupied the site since 1999
  • Tenant recently extended lease by 10 years (new base term expiration 10/31/2029) followed by 7x5 options
  • Site offers larger corner parcel totaling more than 1.17 acres allowing for ease in future redevelopment
  • Site offers a drive thru pharmacy and is open daily till 10 PM
  • The region is surrounded by large military installation presence including Joint Command AFB just a few blocks from the site
  • Strong Barriers to entry due to dense residential population and military installation
  • Features excellent visibility: Daily traffic counts exceed 15,477 vehicles per day passing directly in front of the site and over 11,530 on Montgomery Drive

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