5960 Fm 1103
New Braunfels, TX 78132
Walgreens | 15+ Year Absolute NNN Lease · Retail Property For Sale

The subject property is a 14,820-square foot Walgreens with drive-thru store located in New Braunfels (San Antonio MSA), TX. Walgreens signed a corporate backed absolute net lease with over fifteen years remaining with termination options every year beginning after July 2033. Walgreens Boots Alliance, Inc., a publicly traded company (NASDAQ: WBA) with investment grade credit rating "BBB" by Standard & Poor's has annual revenues that exceed $117.35 billion and a net worth in excess of $29.88 billion. The city is less than 20 miles from San Antonio, Texas, which is the seventh most populated city in the country and the second most populated city in Texas. San Antonio is a popular tourist destination with numerous tourist attractions. The Alamo Mission in San Antonio is located in Downtown and is Texas' top tourist attraction. Other major attractions include The River Walk, SeaWorld, Six Flags Fiesta Texas, La Villita Market Square, the Spanish Governor's Palace, and many more. In addition, the City of San Antonio is ranked as the 7th largest city in the nation, according to the 2016 census. The city attracts over 21 million visitors and $9 billion in added revenue each year. Boasts over 4 million in airport passenger arrivals and is ranked among the nation's best in customer service. Employs over 89,000 individuals in the defense industry representing $5.9 billion in payroll.