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Single-Tenant Drug Store with NNN Lease
For Sale
$4,290,000

1019 E Main St, Weatherford, OK 73096

Walgreens is offered for sale on an absolute NNN corporate lease with scheduled 5% rent increase in 2029.

Property Size14,490 SF
Price / SF$296.07
Days on Market82

Property Features for 1019 E Main St

General Information

Standard status Active
Size 14,490 SF
Property subtype Drug Store
Lease Type Absolute Net

Amenities

Absolute NNN Lease
No other Walgreens or CVS in Weatherford
Large 1.19 Acre Lot
5% Rent Increase in 2029

Building Details

Building Size 14,490 SF
Listed By: Rich Merryman · License #License(s): CA: 00934296
Source: Marcusmillichap
Added: Jun 16 Changed: Sep 4 Last Checked: Sep 2 at 1:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rich Merryman

Investment Insights

Based on property information with market context.

This Walgreens is positioned on a large 1.19-acre parcel with frontage and visibility at a major four-way signalized intersection. The property is secured by an absolute NNN corporate lease with Walgreens, with a scheduled 5% rent increase in 2029.

The site offers direct visibility from Interstate 40 and sits within a retail corridor anchored by national operators, including McDonald’s, O’Reilly Auto Parts, Starbucks, Burger King, Walmart Supercenter, and Tractor Supply. It is also approximately one mile from Southwestern Oklahoma State University.

The property’s current leasing structure provides passive ownership characteristics under the Walgreens absolute NNN corporate lease while supporting income growth during the lease term through the noted 2029 increase.

Key Highlights

  • 1.19‑acre Walgreens on an absolute NNN corporate lease with Walgreens
  • Scheduled 5% rent increase in 2029
  • Located at a major four‑way signalized intersection with strong visibility and accessibility

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm Walgreens Pharmacy Western Union Bank

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Big Box & Wholesale Store Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
280k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Superstores 21% Shops & Services 14% Home Improvements & Furnishings 8%
Walmart Superstores
59,322 visits/mo 0.3 miles
Braum's Ice Cream & Dairy Stores Dining
23,209 visits/mo 0.5 miles
McDonald's Dining
22,045 visits/mo 0.1 miles
Phillips 66 Shops & Services
18,187 visits/mo 0.1 miles
Whataburger Dining
18,104 visits/mo 0.4 miles

Demographics for 73096, OK

14,520
Population
6,408
Households
2.3
Avg Household Size
29
Median Age
45%
College-Educated
93%
High-School Grad
193.1 sq mi
ZIP Area
75
Density / Sq Mi
$56,490
Median Household Income
$29,997
Median Earnings
$764
Median Rent
$243,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Walmart Pharmacy 1349 Eagle Rd, Weatherford, OK 73096
  • Michael Schmitz 101 W Main St, Weatherford, OK 730964939
  • Kimberly Long 210 E Franklin Ave, Weatherford, OK 730965135
  • ATYS IV Hydration and Aesthetics 116 Custer St, Weatherford, OK 73096
  • Walgreens Pharmacy 1019 E Main St, Weatherford, OK 73096

Frequently Asked Questions

What type of property is this?
Drug store - Walgreens is offered for sale on an absolute NNN corporate lease with scheduled 5% rent increase in 2029.
Where is this drug store located?
The property is located at 1019 E Main St Weatherford, OK.
What is the asking price?
The asking price for this property is $4,290,000.
What are key features of this property?
This property features: 1.19‑acre Walgreens on an absolute NNN corporate lease with Walgreens; Scheduled 5% rent increase in 2029; Located at a major four‑way signalized intersection with strong visibility and accessibility
More about this property
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