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5781 Kyle Pky
Kyle, TX 78640
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Hard Corner Signalized Location
- Just South of Austin
- Top Performing Store
- Dense Shopping Center
- Absolute NNN Lease
- 2nd Fastest Growing City in Texas
EXECUTIVE SUMMARY
Stonecliff is pleased to present the fee simple interest in the Walgreens property, located at 5781 Kyle Pkwy, Kyle, TX 78640. The property is ranked in the top 75% of all store located across the country (Placer.ai). Situated on a hard-corner signalized intersection with direct exposure to over 47,788 vehicles per day, this asset benefits from exceptional visibility along Kyle’s primary retail corridor just off Interstate 35—approximately 30 minutes south of Austin. The property is positioned in a dense shopping center anchored by national retailers including Walmart, Lowe’s, and Academy Sports + Outdoors, enhancing daily traffic and footfall.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
A
Year Built
2009
Price
$5,400,000
Price Per SF
$364.37
Cap Rate
7%
NOI
$378,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.41 AC
Parking
45 Spaces (3.04 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
- Security System
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
PROPERTY TAXES
| Parcel Number | R130407 | Improvements Assessment | $942,626 |
| Land Assessment | $1,253,570 | Total Assessment | $2,196,196 |
PROPERTY TAXES
Parcel Number
R130407
Land Assessment
$1,253,570
Improvements Assessment
$942,626
Total Assessment
$2,196,196
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