Willis Ventures Closes on Walgreens in Brownsville, Texas
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Walgreens
2105 East Ruben Torres,
Brownsville, Texas (163.9 miles south of Corpus Christi)
Purchase Price: $4,130,000
• 25 year primary lease
• ABSOLUTE NET LEASE (No landlord responsibilities)
• Ten (10) 5-year options at the same rent
Land Area: ± 1.73 acre
Building Area: ± 14,820 SF
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Willis Ventures is proud to announce the closing of a Walgreens Drugstore in Brownsville, Texas. The property sold for $4,130,000. The property is a corporate triple net lease for twenty-five years plus option periods. Brownsville, Texas, is the southern most city in the state with a population over half a million.
Check out more of our sold properties at www.willisventures.com
New available properties at Willis Ventures
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Pizza Hut
Near Milwaukee, WI |
| Price and Term |
$983,469
15 years
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| Property |
Jiffy Lube
Near Phoenix, AZ |
| Price and Term |
$1,813,969
20 years
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New 15 years NNN Pizza Hut . Some of the other national tenants in the surrounding area of the subject property include: Walgreens, KFC, Taco Bell, Marathon Oil, BP Gas Station, K-Mart, Big Lots, Sherwin Williams, Pets n’ things, ALDI, Family Dollar, JoAnn Fabrics, YMCA, and Osco Drug.
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New 20 years NNN Jiffy Lube. Some of the other national tenants in the surrounding area include: Subway, McDonald’s, Burger King, Swift Transportation, Wal-mart, Chase Bank, KFC, Bank of America, Wells Fargo, Walgreens, and CVS Pharmacy.
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| Property |
ACE Hardware
Near San Diego, CA |
| Price and Term |
$2,596,000
40 years |
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| Property |
Goodyear
Near Raleigh, NC |
| Price and Term |
$3,200,000
12 years |
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New 40 years NNN ACE Hardware Ground Lease . Some of the other national tenants in the surrounding area include: Valero Gas Stations, Starbucks, Bright Now! Dentists, Rancon Real Estate, Del Taco, First Bank, 7 Eleven, Carl’s Jr., Taco Bell, Longs Drugs, and Rite Aid.
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New 12 years NN Goodyear. Some of the other national tenants in the surrounding area include: Lowe’s, Target, PetSmart, EB Games, Chili’s, Chick-Fil-A, Papa John’s, Subway, Starbucks, Wal-Mart, Old Navy, Circuit City, Food Lion, T.J. Maxx, and Qdoba Mexican Grill. |
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| Property |
Colonial Bank
Near Carson City, NV |
| Price and Term |
$3,262,992
10 years
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| Property |
Wells Fargo Bank
Near Los Angeles, CA |
| Price and Term |
$3,671,500
15 years
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New 10 years NNN Colonial Bank. Some of the other national tenants in the surrounding area of the subject property include: Jack in the Box, US Bank, Bank of America, Safeway, Walgreens, Albertsons, Save Mart, CVS/Pharmacy, Longs Drug and Save-On Drugs.
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New 15 year lease NNN Wells Fargo Bank. Some of the other national tenants in the surrounding area include: ateway Towne Center, amchored by Target, and Home Depot with tenants: Best Buy, Shoe Pavilion, 24 Hour Fitness, Staples, Starbucks, Panda Express and McDonald’s. |
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| Property |
Pep Boys
Near Los Angeles, CA |
| Price and Term |
$4,023,097
15 years |
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| Property |
Walgreens
Near Riverside, CA |
| Price and Term |
$6,742,085
25 years |
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New 15 years NNN Pep Boys. Some of the other national tenants in the surrounding area include: AutoZone, Mcdonalds, Carl’s Jr., Jiffy Lube, Denny’s, CVS/Pharmacy, Chevron, Walgreens, Dollar Tree, 7-Eleven, Arby’s, KFC, Wells Fargo Bank, Citibank, and Payless Shoes Source.
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New 25 years NNN Walgreens. Some of the other national tenants in the surrounding area include: Weiner-Schnitzel, 1st Bank, Lowe’s, Target, Home Depot, Blockbuster Video, Fantasy Springs Resort Casino and Spotlight 29 Casino. |
Click here to see more of our available properties.
Please contact us for more information about our available properties.
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