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Walgreens 6984 Rufe Snow Dr 15,022 SF Retail Building Fort Worth, TX 76148 $4,550,569 ($302.93/SF) 6.50% Cap Rate
Investment Highlights
- Income Tax–Free State & Strong Demographics: Located in the high-growth Dallas–Fort Worth Metroplex.
- Net Lease Structure / Minimal Landlord Responsibilities: The property operates under a NN lease, requiring minimal landlord obligations.
- Dense Retail Synergy / Limited Pharmacy Competition: The Walgreens is strategically located along Rufe Snow Drive with limited competing pharmacies.
- Long-Term Corporate Lease With Built-In Rent Growth: The lease is signed by Walgreens Co., which was recently acquired by Sycamore Partners.
- Excellent Visibility & Traffic Exposure: Positioned on a hard corner at Rufe Snow Drive (±28,800 VPD) and HighTower Drive (±7,000 VPD).
- Essential & Recession Resilient Tenant: Walgreens has consistently demonstrated durability through economic cycles, including the COVID-19 pandemic.
Executive Summary
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Amenities
- Dedicated Turn Lane
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Double Net
- Jan 2027
Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Double Net | Jan 2027 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 07156898 | Improvements Assessment | $1,633,400 |
| Land Assessment | $1,012,425 | Total Assessment | $2,645,825 |
Property Taxes
Presented by
Walgreens | 6984 Rufe Snow Dr
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