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1418 E University Dr
Edinburg, TX 78539
Walgreens · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.81 AC
Zoning
CO
Parking
61 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
326’ on E university
About 1418 E UNIVERSITY DR , EDINBURG, TX 78539
• Absolute Net Lease – Zero Landlord Responsibility – Truly Passive Income Investment • Top 10 Fastest Growing MSA in the US (CNN Money) • Over 17 Years Remaining on the Primary Term – Guaranteed by Strong Investment Grade Tenant with Enterprise Value of $74 Billion Dollars • Lease Options up to 75 Years’ Worth of Rental Income • Situated on Hard Corner off Hwy 281 and University Dr. • Close Proximity to University of Texas Rio Grande Valley (over 20,000 students) • Benefits from Cross-Border Consumer Traffic • Five Mile Population Exceeds 137,000 People – 50% increase since 2000 • Traffic Counts exceed 23,000 Vehicles Per Day Along E University Dr and 56,000 Vehicles Per Day on US Hwy 281
Property Taxes
| Parcel Number | R1334-00-000-0001-00 | Improvements Assessment | $999,182 |
| Land Assessment | $1,353,600 | Total Assessment | $2,352,782 |
Property Taxes
Parcel Number
R1334-00-000-0001-00
Land Assessment
$1,353,600
Improvements Assessment
$999,182
Total Assessment
$2,352,782
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