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Walgreens 3777 Gattis School Rd 14,406 SF Retail Building Round Rock, TX 78664 $4,043,750 ($280.70/SF) 8% Cap Rate
Investment Highlights
- Austin, TX MSA – This Walgreens is strategically located in Round Rock, TX, an affluent, high-barrier suburb within the Austin metropolitan area—one o
- Affluent Community – Serving a high-income demographic, the property sits within a 3-mile radius where average household incomes exceed $156,868—drivi
- High-Visibility Location – Located at a signalized intersection with over 37,350 VPD and less than one mile from Interstate 45 (60,000+ VPD), the site
- Rapidly Growing Trade Area – The surrounding 1- and 3-mile trade areas are projected to experience average population and household growth of 20.5% ov
- H-E-B Adjacent – Positioned directly next to H-E-B, Texas’s market-leading grocer, which ranks 99th percentile for foot traffic both nationally and st
- *Conrad Sarreal In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,406 SF
Building Class
C
Year Built
2003
Price
$4,043,750
Price Per SF
$280.70
Cap Rate
8%
NOI
$323,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.83 AC
Parking
66 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
417’ on Gattis School Rd
Amenities
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Walgreens is a U.S.-based retail pharmacy operator providing prescription drugs, health services, and consumer goods through neighborhood drugstores and digital platforms. The company was founded in 1901 by Charles Rudolph Walgreen in Chicago, Illinois. Over time, Walgreens expanded nationwide and became one of the largest pharmacy chains in the United States. In 2014, Walgreens became part of the newly formed holding company Walgreens Boots Alliance following the acquisition of Alliance Boots.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R442325 | Improvements Assessment | $960,617 |
| Land Assessment | $2,163,133 | Total Assessment | $3,123,750 |
Property Taxes
Parcel Number
R442325
Land Assessment
$2,163,133
Improvements Assessment
$960,617
Total Assessment
$3,123,750
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Walgreens | 3777 Gattis School Rd
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