Walgreens NNN Property For Sale — Paris, TX
Paris, TX
This Walgreens property offers an exceptional investment opportunity with a long-standing tenant and zero landlord responsibilities. Located at a signalized intersection, the property benefits from high visibility and traffic counts along Highway 82 and NE Loop 286. It is strategically positioned adjacent to a Walmart Supercenter and surrounded by other national retailers, including Home Depot, Hobby Lobby, ALDI, McDonald’s, and Starbucks. The site also draws traffic from nearby Paris Junior College, Crockett Middle School, and Aikin Elementary. Walgreens has successfully operated at this location since 2002, demonstrating a strong commitment to the community. The tenant, Walgreens, is an investment-grade rated company (S&P: BBB) with over 8,175 locations nationwide and a strong market ca…
- Address: Paris, TX
- Asking price $5.01M
- 6.75% cap rate
- NOI $337,992
- 1.1 years remaining
- NNN lease
- Year built: 2002
- Building size: 13,605 SF
- Lot size: 1.61 acres
- Lease expiration: Sep 30, 2027
- Rent increases: Flat
- Guarantor: Corporate
Location
This Walgreens property is in Paris, Texas.
Asset type: Retail