5760 Walzem Rd
San Antonio, TX 78218
Walgreens · Retail Property For Sale

KEY Investment Advisors is pleased to present this freestanding 13,905-square foot Walgreens situated on a 1.17-acre lot in San Antonio, TX. The property was constructed in 1999, and the original lease term was recently extended, showing Walgreens commitment to remaining in this location. The property is now leased to Walgreens through 2069 with termination options as of October 31, 2029 and every five years thereafter for the remainder of the term. The lease is a double net (NN) lease. The subject is located in the city of San Antonio within the San Antonio MSA. The San Antonio Metropolitan Statistical Area (MSA) occupies approximately 368.6 square miles and spans eight counties including Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina and Wilson. This makes San Antonio the seventh largest city in the United States, and second in state of Texas. San Antonio' s expansion will continue in 2016, led by gains in housing, retail, and manufacturing. Longer term, above-average population gains, the presence of significant energy resources in nearby areas, low costs of doing business, relatively high housing affordability, and a growing manufacturing presence should contribute to above-average overall performance.