7255 Coit Rd | Frisco, TX 75035
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7255 Coit Rd
Frisco, TX 75035
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN Walgreens Located at the Highly Trafficked Signalized ?Intersection of Rolater Road (15,000 Vehicles Per Day, VPD)) and Coit Road (10,000 VPD)
- Corporately Guaranteed by Walgreens Co., One of the Nation’s Dominant Pharmacy Chains and 16th Ranked Company in the Fortune 500
- Rapidly Growing Dallas-Fort Worth Suburb with Explosive Population Growth Expected Around the Subject Property Projected at Over 23 Percent (1-Mile)
- Over 12-Years Remaining on the Lease Base Term and 50 Years of Tenant Options to Extend Providing 1031 Buyers with an Ideal Passive Investment
- Across from the Recently Constructed 155,000 SF Lawler High School and Centennial High School with Over 2,000 Students Generating Material Activity
- Dense and Affluent Area with Over 300,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $170,000 (1-Mile)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.06 AC
Zoning
Commercial - Commercial
Frontage
PROPERTY TAXES
| Parcel Number | R-9640-00A-0040-1 | Improvements Assessment | $1,828,358 |
| Land Assessment | $2,334,999 | Total Assessment | $4,038,772 |
PROPERTY TAXES
Parcel Number
R-9640-00A-0040-1
Land Assessment
$2,334,999
Improvements Assessment
$1,828,358
Total Assessment
$4,038,772
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