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    2710 Nogalitos St San Antonio, TX

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    For Sale
    $4,600,000

    NNN leased Walgreens in San Antonio with corporate guarantee.

    Property size:
    14,218 SF
    Lot size:
    1.58 Acres

    Property Features for 2710 Nogalitos St

    General Information

    Size
    14,218 SF
    Lot size
    1.58 Acres

    Source: SRS Industrial - Newport Beach Agent Matthew Mousavi

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

    Overview

    San Antonio Walgreens Investment Opportunity

    This offering features the opportunity to acquire the fee simple interest in a corporate guaranteed Walgreens investment property in San Antonio. The property is subject to an absolute NNN lease. The tenant, Walgreen Co., recently signed a new 15-year lease with twelve 5-year options to extend, demonstrating commitment to the location. The lease includes 5% rental increases every 5 years throughout the initial term and at the beginning of each option period.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Walgreens Pharmacy, LifeCare Pharmacy of Austin, Cipriano C. Contreras Jr, BS, Clarence G. Roussett, RPH, COVID-19 Drive-Thru Testing at Walgreens

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.5226706
    Latitude
    29.46357

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    FAQs

    What type of property is this?
    Drug store - NNN leased Walgreens in San Antonio with corporate guarantee.
    Where is this drug store located?
    The property is located at 2710 Nogalitos St San Antonio, TX.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: - Absolute NNN lease offers passive investment with minimal landlord duties.; - Corporate guarantee from Walgreens (NASDAQ: WBA) ensures a secure tenant.; - **Brand new 15-year lease** demonstrates long-term commitment.
    (949) 698-1116
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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
    2710 Nogalitos St San Antonio, TX
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