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500 Centennial Blvd
Richardson, TX 75081
Walgreens - Dallas TX MSA · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.03 AC
Zoning
O/C - Commercial
Frontage
188’ on Centennial Blvd

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru
  • Air Conditioning

About 500 CENTENNIAL BLVD , RICHARDSON, TX 75081

Investment Grade Credit Tenant: S&P Rating BBB Absolute NNN lease, no landlord maintenance orexpense responsibilities Long term Lease – 14+ years left Strategic Location - Hard corner, signalized intersection. Centennial/Spring Valley Road is a major East-West corridor In-fill population area – 383,938 population in 5 mile radius Strong income area - $87,359 average HHI Excellent growth market – population has increased by 10% since 2010 Good visibility and Traffic – 31,000+ VPD Dallas/­Ft Worth MSA – 13 miles to downtown Dallas Complementary Retail – Kroger, McDonalds, Bank of America, Sonic Limited Competition - next closest Walgreens is over 3 miles away, 1.1 miles from US Route 75 (281,000 VPD), 2.0 miles from I-635 (233,670 VPD), 1.8 miles from Richland College

Property Taxes

Property Taxes

Parcel Number
420175000A10A0000
Land Assessment
$1,060,810
Improvements Assessment
$1,568,370
Total Assessment
$2,629,180
  • Listing ID: 15072938

  • Date on Market: 2/4/2019

  • Last Updated:

  • Address: 500 Centennial Blvd, Richardson, TX 75081

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