Net-Leased Walgreens Absolute
For Sale
Contact for pricing
Pending
3732 W Northwest Hwy, Dallas, TX 75220
Walgreens net lease with absolute NNN structure and zero landlord obligations on a heavily trafficked retail corridor.
Property SizeContact for details
Days on Market120
Property Features for 3732 W Northwest Hwy
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
38,820 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(925) 348-1844
Listed By:
Kase Abusharkh · License #TX 708586
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 7 at 4:42AM
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 The Kase Group
Investment Insights
Based on property information with market context.
The subject property is a net leased Walgreens featuring an absolute NNN lease structure with zero landlord obligations. The agreement calls for an initial 15-year term, and the tenant has twelve, five-year renewal options. The renewal increases are described as rare, with 5% increases every five years at each option period.
Located on West Northwest Highway in Dallas, Texas, the site is positioned on a major retail corridor with national retailers including Walmart Supercenter, Target, Whataburger, Sam’s Club, and Chick-fil-A, among others. The property is reported to be heavily trafficked, with 38,820 VPD along West Northwest Highway.
Located on West Northwest Highway in Dallas, Texas, the site is positioned on a major retail corridor with national retailers including Walmart Supercenter, Target, Whataburger, Sam’s Club, and Chick-fil-A, among others. The property is reported to be heavily trafficked, with 38,820 VPD along West Northwest Highway.
Key Highlights
- Net leased Walgreens in Dallas, Texas with a new 15‑year absolute NNN lease
- Absolute NNN structure with zero landlord obligations
- Tenant has twelve 5‑year renewal options
Property Analytics
Current Use
Lease Details
38,820 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
296k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 59%
Dining 25%
Shops & Services 9%
Hotels & Casinos 3%
Walmart
Superstores
93,209 visits/mo
0.4 miles
Target
Superstores
82,540 visits/mo
0.2 miles
Chick-fil-A
Dining
28,588 visits/mo
0.2 miles
Whataburger
Dining
21,609 visits/mo
0.4 miles
Starbucks
Dining
15,320 visits/mo
0.5 miles
Demographics for 75220, TX
39,627
Population
15,589
Households
2.5
Avg Household Size
32
Median Age
23%
College-Educated
61%
High-School Grad
11.3 sq mi
ZIP Area
3,507
Density / Sq Mi
$57,787
Median Household Income
$33,127
Median Earnings
$1,164
Median Rent
$449,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Walgreens net lease with absolute NNN structure and zero landlord obligations on a heavily trafficked retail corridor.
Where is this nnn property located?
The property is located at 3732 W Northwest Hwy Dallas, TX.
What are key features of this property?
This property features: Net leased Walgreens in Dallas, Texas with a new 15‑year absolute NNN lease; Absolute NNN structure with zero landlord obligations; Tenant has twelve 5‑year renewal options
