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3614 S 31st St
Temple, TX 76502 Temple

$3,637,000 USD

Drugstore For Sale  •  13,573 SF

Property Details

• Property Type Drugstore
• Total Building Size 13,573 SF
• Lot Size 1.77 AC
• Building Class B
• Year Built 1996
• Cap Rate 8.25 %
• Tenancy Single

70 Walk Score

Highlights

Recent Lease Extension | Tenant Exercised Second Option | 9.8 Years Remaining

Large 1.77 Acre Parcel | Dual-Street Frontage on South 31st Street and Marlandwood Road (Combined 37,729 VPD)

Positioned Within Retail Corridor Anchored by Walmart Supercenter and Temple Mall

Direct Connectivity to H K Dodgen Loop (51,733 VPD) — Temple’s Primary Bypass Linking Regional Retail and Residential Growth

640-Bed Baylor Scott & White Medical Center and 115-Bed McLane Children’s Hospital Within 1 Mile

83,180 Residents & 99,051 Daytime Population Driven by Healthcare and Retail Employment (5-Mile Radius)

Cap Rate:

8.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens

Public Transportation

Commuter Rail	Drive	Walk	Distance
Temple (Texas Eagle - Amtrak)	7 min	-	3.7 mi
Airport	Drive	Walk	Distance
Killeen Municipal	30 min	-	21.6 mi
Robert Gray AAF	50 min	-	35.5 mi