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Walgreens 1060 W Camp Wisdom Rd

15,120 SF Retail Building Dallas, TX 75232 $4,592,547 CAD ($304 CAD/SF) 8.35% Cap Rate

Investment Highlights

  • As the largest metropolitan area in the South and the fourth largest in the U.S., the Dallas-Fort Worth Metroplex.
  • brand new 10-year lease extension and added 5% rental escalations every 5 years demonstrating the tenant’s commitment to the site.
  • INCOME TAX-FREE STATE – Texas is one of only nine states Nationwide that do not levy a state income tax.
  • This location ranks in the 96th percentile for the number of visits in the state of Texas and is the #1 visited store in a 15-mile radius
  • Walgreens benefits from rare rental escalations of 5% every 5 years, providing a built-in hedge against inflation

Executive Summary

Kyle Matthews
License No. 678067 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
2000
Price
$4,592,547 CAD
Price Per SF
$304 CAD
Cap Rate
8.35%
NOI
$383,478 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Land Acres
1.41 AC
Zoning
CRD-Dallas
Frontage
331 ft on W. Camp Wisdom Rd.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
006639000C0100000
Land Assessment
$685,202 CAD
Improvements Assessment
$1,945,402 CAD
Total Assessment
$2,630,604 CAD
  • Listing ID: 33626482

  • Date on Market: 2024-10-24

  • Last Updated:

  • Address: 1060 W Camp Wisdom Rd, Dallas, TX 75232

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