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510 N Alamo Rd
Alamo, TX 78516 East McAllen

$15,763 USD/MO

Drugstore For Lease  •  14,550 SF

Property Details

  • Property Type Drugstore
  • Year Built 2009
  • Total Building Size 14,587 SF
  • Tenancy Single
  • Building Class B
  • Zoning Commercial
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 14,550 SF $13.00 USD/SF/YR 
Rent: $189,150 Yr. ($13.00/SF) NNN (RE Taxes, Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility)
Term: Thru 9/30/2038 (co-terminus with Master Walgreens Lease)
Premises: Approx. 14,550 SF, plus Drive-Thru
Signage: Building + Street-side Pylon w/ Digital Panel
Premises Delivery: AS-IS
Zoning: C - Commercial (Alamo, Texas Zoning Ordinances)
Parking: Approx. 63 estimated surface spots
PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE

  • Date available: Now
  • Lease term: None
  • Service type: Triple Net
  • Space Type: Sublet

Description 

* Former Walgreens site located in Outlying Hidalgo County, TX retail submarket
* Situated on FM 907 (N. Alamo Rd.), the site has close, direct access to Interstate 2 (I-2)
* Located on 4-way signalized hard corner
* AADT of approx. 20,835 at N. Alamo Rd. & W Expy. 83 N. (source:  Costar)
* Increased Population Growth Projected From 2024-2029 (source: Costar)
* Built in 2009 (source:  Costar)
* Rent:  $189,150 Yr. ($13.00/SF) NNN (RE Taxes, Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility)
* Term:  Thru 9/30/2038 (co-terminus with Master Walgreens Lease)
* Premises: Approx. 14,550 SF, plus Drive-Thru
* Signage:  Building + Street-side Pylon w/ Digital Panel
* Premises Delivery:  AS-IS
* Zoning:  C - Commercial (Alamo, Texas Zoning Ordinances)
* Parking:  Approx. 63 estimated surface spots
PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE

Highlights

Below Market Lease Rates
High Visibility Storefront Location of Approx. 14,550 SF, plus Drive-Thru
Street-side Pylon w/ Digital Panel

Property Flyers

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens

Public Transportation

AirportDriveWalkDistance
McAllen International 14 min - 9.0 mi
Valley International 50 min - 33.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 63
Type: Surface
Included in Rent: Yes
Kory Pryor 404-422-7200 23 Realty Advisors, LLC
Kory Pryor 404-422-7200 23 Realty Advisors, LLC