- The average household income is $108,000 within 3 miles of the property.
- Walgreens exercised their first 5-Year option in 2021, showing their long-term commitment to the location.
- Walgreens operates under an NNN lease with zero landlord responsibilities.
- Located less than 8 miles from Downtown Dallas, the property has 116,000 residents within a 3-mile radius.
- There are over 36 million square feet of industrial space within 3 miles, supported by the Miller Business Park and the Shiloh Industrial Area, making this area a vital trade area for the Dallas market.
- Walgreens has a 24+ year operating history at this location.
- Located with frontage on East Northwest Highway, the property has a traffic count of 35,000 VPD. The property is located less than a mile from I-635 with traffic counts of 165,000 VPD.
Properties
- Second largest employment center in Dallas-Fort Worth with more than 5,000 businesses including State Farm, Raytheon and Texas Instruments.
- Near Richardson Square, a 516,100 SF center anchored by Super Target, Lowe's and Ross, undergoing an up to $20 million mixed-use redevelopment.
- Signalized corner of Belt Line Road and Jupiter Road with a combined 63,293 vehicles per day.
- 366,693 residents within five miles. Average household income of $111,628 within one mile.
- Average household income of $117,577 within a 1-mile radius and a population of over 94,000 within 5 miles.
- One of only two CHIPS Zones in the state, providing refundable tax credits for semiconductor-related businesses and reinforcing the area’s economic foundation.
- Surrounded by major employers including Seagate, AMD, Micron, and over 40 tech, aerospace, and hardware companies.
- In a 1 and 3-mile radius average household incomes are approximately $100,000 per household.
- Located near I-95 Exit 53 and Shore Line East commuter rail station.
- Coastal zoning and built-out conditions restrict new commercial development.
- West Main Street maintains historically low vacancy and strong tenant retention.
- In a 1, 3 and 5-mile radius average household incomes range from $120,000 to $130,000 per household.
- Situated at the crossroads of US-46 and NJ-10, the property benefits from its close proximity to the Christopher Columbus Highway interchange (I-80), with over 114,000 vehicles per day.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever.
- Less than 1 mile of ThedaCare Regional Medical Center which is the region's largest employer (7,000+ employees, 172 beds).
- Dense retail and industrial trade area with 6.2 million square feet of retail space and 8.3 million square feet of industrial space in a 3-mile radius.
- Located directly across the street from Edenbrook Nursing Home (150 beds) and 0.7 miles from Rennes Health and Rehabilitation Center (88 beds).
- The intersection of Davis Boulevard and Santa Barbara Boulevard is undergoing significant commercial expansion with proposed developments including Wawa, McDonald’s, AutoZone, and Whole Foods in the immediate surrounding area, further strengthening the long-term retail fundamentals of the corridor.
- CVS occupies a highly visible signalized hard corner with combined traffic counts exceeding 54,000 vehicles per day.
- The immediate 3-mile trade area has experienced nearly 15% population growth over the past five years and is projected to continue growing at an estimated annual rate of approximately 1.8% through 2030.
- The property serves an affluent and expanding customer base with average household incomes exceeding $96,000 within a 3-mile radius and more than 66,000 residents in the immediate trade area.
- Numerous multifamily and residential developments have recently been completed or are currently under construction surrounding the property, adding hundreds of new housing units to the immediate area.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever and has 5% rental increases every 5 years throughout the first four option periods.
- 154,000 residents, and 51,000 households within a 3-mile radius of the property.
- Located on the signalized hard-corner of Schaefer Rd and Warren Ave, (46K total VPD). Close proximity to the I-94 connecting Dearborn to Detroit with over 131K vehicles per day.
- Located on the corner of Magnolia Drive & Apalachee Parkway with combined traffic counts of 59,500 VPD.
- CVS's hours at this location are from 7 AM until Midnight, 7 days a week.
- Located directly behind the property, CHP's Governor's Square Health Center is 1 of only 3 locations for Capital Health Plan in Tallahassee.
- 172,745 residents within a 5-mile radius.
- The property qualifies for accelerated depreciation due to it being a Qualified Indian Reservation Property (QIRP).
- This CVS lease has over 14 years of guaranteed lease term before the tenant's next option to renew.
- The current lease runs through January 31, 2041 with no landlord responsibilities whatsoever.
- Less that 2 miles from Oral Roberts University, a 4-year university with over 7,000 students.
- Approximately 204,210 residents within a 5-mile radius with the average household income ±$94K.
- This CVS is located directly across the street from Southern Hills Country Club, a privately owned golf course that has hosted 17 major championships including the 2022 PGA Championship.
- Located less than 0.5 mile from The Villages at Southern Hills, a senior‑living and skilled‑nursing community.
