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    280 San Antonio Ave Many, LA 71449

    For Sale
    $3,120,000

    NNN lease with corporate guarantee and rental increases.

    Property size:
    13,436 SF
    Lot size:
    1.23 Acres

    Property Features for 280 San Antonio Ave

    General Information

    Size
    13,436 SF
    Lot size
    1.23 Acres

    Source: The Kase Group - Corporate Agent Jeff Bracco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Walgreens NNN Lease Opportunity

    This property, suitable for drug store, individual retail, NNN, and specialty purposes, features an absolute NNN lease with zero landlord responsibilities. The lease includes 5% rental increases every 5 years throughout the primary term and option periods. It is backed by a corporate guarantee from Walgreens Boots Alliance, with approximately 13.5 years of firm term remaining. The property benefits from a prime signalized hard corner location with a combined traffic count of approximately 20,700 vehicles per day along San Antonio Avenue and Hill Street. The property size is 13,436 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    James Gary, RPh Pharmacy Walgreens Photo Passport Photo Processor FedEx OnSite Mailing Service Walgreens Pharmacy Pharmacy Walgreens Beauty Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Curtis Family Pharmacy, James Gary, RPh, Walgreens Pharmacy, COVID-19 Drive-Thru Testing at Walgreens, W & B Montgomery Helping Hand

    Location Insight

    • Map
    • Local Demand
    City
    Many
    County
    Sabine
    State
    Louisiana
    Longitude
    -93.488664
    Latitude
    31.567569

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    FAQs

    What type of property is this?
    Drug store - NNN lease with corporate guarantee and rental increases.
    Where is this drug store located?
    The property is located at 280 San Antonio Ave Many, LA.
    What is the asking price?
    The asking price for this property is $3,120,000.
    What are key features of this property?
    This property features: - Corporate Guarantee - Backed by Walgreens Boots Alliance; - Absolute NNN Lease with Zero Landlord Responsibilities; - **13.5 Years of Firm Term Remaining**
    (510) 388-4438
    Request Owner's contact information
    280 San Antonio Ave Many, LA 71449
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    Many, LA 71449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 San Antonio Ave Many, LA 71449
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