NLA is pleased to present this single tenant Walgreens located in Uvalde, TX. This 13,650 square foot building was built in 2012 (build to suit) and is the new prototype for Walgreens. The tenant has signed a 75-year absolute net lease, which has 22 years remaining before the first termination option. Walgreen, Co., which is publicly traded on the New York Stock Exchange under the ticker symbol WAG , has a current BBB credit rating by Standard & Poor' s.
On behalf of the Owner, HFF is pleased to offer for sale The Creek at Stone Oak (the Property ), a 23,673-square-foot retail strip center strategically located in a high-growth and prosperous region of north central San Antonio, Texas. The Creek at Stone Oak is currently 100% leased to a diverse, local tenant base presenting an acquisition opportunity that features strong in-place cash flow, upside potential on rents and solid underlying fundamentals in the economically robust metro of San Antonio. A prominent location and healthy financial attributes provide the foundation for immediate cash flow and sustained long-term value appreciation.
A 134,187-square-foot retail center prominently located on NW Loop 410. The Property features easy access to major thoroughfares, superior visibility and impressive surrounding demographics. With 87% occupancy and a diverse rent roll with major tenants boasting an average remaining lease term of 8.0 years, Westpark Plaza offers steady cash flow coupled with upside potential through lease-up of vacancies in a rising rental rate environment in one of the top five fastest growing cities in the country.
Transwestern' s Healthcare Advisory Services Group is pleased to offer for sale on an exclusive basis, Liberty Dialysis of Victoria, Texas. Built in 2009, the facility is comprised of a 9,000 square foot medical office building and leased to Liberty Dialysis, an affiliate of Fresenius Medical Care. The lease currently has 8 years remaining on the initial term, with 2% annual escalations, and (2) 5-Year options to renew. The property operates on an Absolute Net Basis, providing that the tenant is directly responsible for the payment all Operating Expenses and Capital Outlays. The expenses include, but are not limited to, the payment of taxes, insurance, utilities, roof repairs & replacement, structural components, parking areas, HVAC, waste removal, and landscaping.
Marcus & Millichap is pleased to present the Dollar Tree Center in El Paso, TX. The opportunity consists of a two tenant net-leased center located in the heart of El Paso, Texas, just outside of Fort Bliss, the U.S. Army's second largest military installation. The center is anchored by Dollar Tree, which consists of 86 percent of the gross leasable square footage. The remaining 14 percent of the center is occupied by W.I.O Management, doing business as Bryant's Market. Bryant's Market has been a tenant at the center since 1993. The center is located at a major signalized corner on Pershing Drive just 2.5 miles from Fort Bliss. Pershing Drive is a major retail thoroughfare that leads directly into Fort Bliss. The center has great visibility from Pershing Drive and offers convenient on-site parking that allows for easy ingress and egress for customers. Nearby retailers and businesses include Walgreens, Chase Bank, O'Reilly's Auto Parts, Dollar General and the El Paso Police Department.
Jack in the Box Inc. (NASDAQ: JACK), founded in 1951, is a restaurant company that operates and franchises Jack in the Box® restaurants and, through a wholly owned subsidiary, Qdoba Mexican Grill® in a combined 42 states plus the District of Columbia. Based in San Diego, Jack in the Box Inc. has more than 22,000 employees. Jack in the Box is among the nation' s leading fast-food hamburger chains, with more than 2,200 quick-serve restaurants in 20 states.
Starbucks is the largest coffeehouse company in the world, with over 19,000 stores globally, including around 13,000 in the United States, followed by nearly 1,000 in Canada and more than 900 in Japan. Starbucks sells drip brewed coffee, espresso-based hot drinks, other hot and cold drinks, snacks, and items such as mugs and coffee beans. Starbucks retail stores are located in high-traffic, high-visibility locations. Its stores are located in or near a variety of settings, including downtown and suburban retail centers, office buildings and university campuses.
Brident Dental Centers offer general dentistry, cosmetic dentistry, and orthodontics at over 26 office locations across Texas with over 1,000 team members. In addition, Brident Dental Services is affiliated with a dental and oral health maintenance organization that provides dental services in over 190 office locations with over 4,000 team members. The company opened its first location in Texas in March 2012. Sprint Corporation, incorporated on May 10, 2012, offers a range of wireless and wireline communications services to consumers, businesses and government users. On July 10, 2013, the Company, SoftBank Corp. and Sprint Nextel Corporation (Sprint Nextel) completed the merger. In the Merger, Sprint Corporation was merged into Sprint Nextel, New Sprint became the parent company of Sprint Nextel, with Sprint Nextel becoming its direct wholly owned subsidiary, and Sprint Nextel changed its name to Sprint Communications, Inc.
Price Upon Req.15,182 SF
The property, currently 99% leased, supports a strong tenant line-up of proven national, regional and local tenants with staggered lease expirations. It offers investors an opportunity to purchase an infill retail center located in a densely populated area of Houston with significant barriers to entry.
Workforce Solutions is a 16,048 SF NN Lease that is shadow anchored by a 233,000 square foot Walmart Supercenter and is near other major retailers that include Home Depot, Target, Petsmart, Cinemark along with various restaurants.