Walgreens
New
For Lease
$4,785,714 NNN
10850 N Loop Dr, Socorro, TX 79927
The absolute NNN lease has 7 years remaining on its initial term.
Space SizeContact for details
Property Size14,980 SF
Days on Market2
Property Features for 10850 N Loop Dr
General Information
Standard status
Active
Size
14,980 SF
Property subtype
Retail
Net Operating Income
$335,000
Building Details
Building Size
14,980 SF
Year Built
2008
Listing Agency:
Exclusive Realty
Listed By:
Steve Sagmani · License #6502426558
(248) 819-8077
Source:
Exclusive-realty
Added: Sep 26
Last Checked: Sep 26 at 2:32PM
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 Exclusive Realty
Investment Insights
Based on property information with market context.
The Walgreens drugstore at 10850 N Loop Dr in Socorro, Texas, was built in 2008. Its lease is structured as absolute NNN, with 7 years remaining on the initial term.
The property has access to Interstate 10, Loop 375, FM 258 (Socorro Road), and State Highway 20. Regional employers named for the area include Fort Bliss, Amazon, ADP, Helen of Troy, and The University of Texas at El Paso. Nearby destinations include Speaking Rock Entertainment Center, Rio Bosque Wetlands Park, and Mission Trail Historic District.
The property has access to Interstate 10, Loop 375, FM 258 (Socorro Road), and State Highway 20. Regional employers named for the area include Fort Bliss, Amazon, ADP, Helen of Troy, and The University of Texas at El Paso. Nearby destinations include Speaking Rock Entertainment Center, Rio Bosque Wetlands Park, and Mission Trail Historic District.
Key Highlights
- Walgreens drugstore built in 2008
- Absolute NNN lease with 7 years remaining on the initial term
- Access to Interstate 10, Loop 375, FM 258 (Socorro Road), and State Highway 20
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
142k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 28%
Dining 21%
Apparel 6%
Food King
Groceries
40,082 visits/mo
0.1 miles
Burger King
Dining
15,740 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,509 visits/mo
0.3 miles
Circle K
Shops & Services
11,748 visits/mo
0.1 miles
Dollar General
Shops & Services
8,687 visits/mo
0.2 miles
Demographics for 79927, TX
40,290
Population
14,284
Households
2.8
Avg Household Size
35
Median Age
10%
College-Educated
70%
High-School Grad
27.4 sq mi
ZIP Area
1,470
Density / Sq Mi
$51,735
Median Household Income
$30,738
Median Earnings
$1,070
Median Rent
$125,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
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- Socorro Pharmacy — 10680 N Loop Dr C, Socorro, TX 79927
Frequently Asked Questions
What type of property is this?
Drug store - The absolute NNN lease has 7 years remaining on its initial term.
Where is this drug store located?
The property is located at 10850 N Loop Dr Socorro, TX.
What is the lease rate?
The lease rate is $4,785,714.
What are key features of this property?
This property features: Walgreens drugstore built in 2008; Absolute NNN lease with 7 years remaining on the initial term; Access to Interstate 10, Loop 375, FM 258 (Socorro Road), and State Highway 20
