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- LoopNet Team
7610 Mcpherson Rd
Laredo, TX 78041
Walgreens 6 Store NNN Portfolio · Retail Property For Sale
Investment Highlights
- WALGREENS CORPORATE GUARANTEE (NYSE:WBA)-INVESTMENT GRADE TENANT (S & P BBB)
- LONG TERM LEASES 14+ to 15+ YEARS WITH OPTION PERIODS
- STRONG SALES LOCATIONS
- ABSOLUTE TRIPLE NET LEASE "NO LANDLORD RESPONSIBILITIES"
- STRONG DEMOGRAPHIC MARKETS
- DRIVE-THRU PHARMACIES
Property Facts
About 7610 MCPHERSON RD , LAREDO, TX 78041
Marcus & Millichap is pleased to present for sale this Walgreens portfolio of six strong performing stores located in Virginia, Georgia, North Carolina, Maryland, Massachusetts and Texas. Walgreens (NYSE:WBA) is a publicly traded company with an S & P Credit Rating of BBB and is ranked #17 in the Fortune 500 (2019). Some financial highlights include 2018 Revenues of $131.537 billion and 2018 Net Profits of $5.024 billion. Walgreen Co. operates over 8,200 stores in all 50 states, the District of Columbia, Puerto Rico and Guam. The company also operates worksite health centers, home care facilities, and specialty and mail service pharmacies. This is an opportunity for an investor to acquire six long term fee-simple Absolute NNN leases Walgreens with zero landlord responsibilities.
Property Taxes
| Parcel Number | 397029 | Improvements Assessment | $664,158 |
| Land Assessment | $1,135,842 | Total Assessment | $1,800,000 |
Property Taxes
