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Absolute NNN Leased Walgreens 10858 Wurzbach Rd 12,941 SF Retail Building San Antonio, TX 78230 $3,738,622 ($288.90/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- Top Performing Location with Reported Sales of $3.5M
- Corporate Guarantee – Backed by Walgreens Boots Alliance (NASDAQ: WBA)
- Zero Landlord Obligations
- Tax Free Income State
- Signalized Corner Location – Strong Visibility and Ease of Ingress/Egress
EXECUTIVE SUMMARY
The Kase Group is pleased to present the opportunity to acquire a high-performing Walgreens located at 10858 Wurzbach Rd, San Antonio, Texas.
The property is secured by a new 15-year Absolute NNN lease, recently extended, with zero landlord responsibilities and a corporate guarantee
from Walgreens Boots Alliance (NASDAQ: WBA). The lease includes 5% rental increases every five years, providing built-in income growth and long-term
stability.
Strategically positioned at the signalized intersection of Wurzbach Road and Vance Jackson Road, the site offers excellent ingress and egress,
along with a combined traffic count exceeding 41,000 vehicles per day, ensuring strong visibility and access. The property is surrounded by national
retailers such as Chase Bank, FedEx, and Blue Rhino, as well as a dense residential base.
It also benefits from proximity to several major healthcare providers, including University Hospital (716 beds), Women’s & Children’s Hospital (300
beds), Wurzbach Nursing & Rehabilitation (140 beds), and the upcoming UT Health Multispecialty & Research Hospital (144 beds)—supporting a
strong daytime population and consistent local demand. Located just one mile south of Interstate 10 (191,603 VPD) and 7 miles from San Antonio
International Airport, the property is ideally situated within one of San Antonio’s most established medical and commercial corridors.
The property is secured by a new 15-year Absolute NNN lease, recently extended, with zero landlord responsibilities and a corporate guarantee
from Walgreens Boots Alliance (NASDAQ: WBA). The lease includes 5% rental increases every five years, providing built-in income growth and long-term
stability.
Strategically positioned at the signalized intersection of Wurzbach Road and Vance Jackson Road, the site offers excellent ingress and egress,
along with a combined traffic count exceeding 41,000 vehicles per day, ensuring strong visibility and access. The property is surrounded by national
retailers such as Chase Bank, FedEx, and Blue Rhino, as well as a dense residential base.
It also benefits from proximity to several major healthcare providers, including University Hospital (716 beds), Women’s & Children’s Hospital (300
beds), Wurzbach Nursing & Rehabilitation (140 beds), and the upcoming UT Health Multispecialty & Research Hospital (144 beds)—supporting a
strong daytime population and consistent local demand. Located just one mile south of Interstate 10 (191,603 VPD) and 7 miles from San Antonio
International Airport, the property is ideally situated within one of San Antonio’s most established medical and commercial corridors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,941 SF
Building Class
B
Year Built
2009
Price
$3,738,622
Price Per SF
$288.90
Cap Rate
6.75%
NOI
$252,357
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.94 AC
Zoning
C-3 - General Commercial District
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14257-000-0010 | Improvements Assessment | $1,735,650 |
| Land Assessment | $711,120 | Total Assessment | $2,446,770 |
PROPERTY TAXES
Parcel Number
14257-000-0010
Land Assessment
$711,120
Improvements Assessment
$1,735,650
Total Assessment
$2,446,770
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Absolute NNN Leased Walgreens | 10858 Wurzbach Rd
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