Walgreens NNN
11525 Highway 6 Sugar Land, TX 77498
11525 Highway 6, Sugar Land, TX, 77498
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For Sale
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Single-tenant NNN pharmacy property with corporate guarantee and over nine years remaining on the initial term.
Days on Market103
Property Features for 11525 Highway 6
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Fortis Net Lease
Listed by
Doug Passon · License #MI 6502361821
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 12:03AM Checked: Jul 22 at 12:03AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a Walgreens drug store property subject to a 25-year NNN lease with no landlord responsibilities. The lease has over nine years remaining in the initial term and includes ten, five-year options. The lease is supported by a corporate guarantee.
The property is positioned in a densely populated area with over 322,000 residents within five miles and a projected growth rate of 17.83 percent by 2022. Within one mile, the median home value exceeds $235,000 and the average household income exceeds $109,000.
The surrounding retail mix includes national tenants such as Advance Auto Parts, AutoZone, Lifetime Fitness, Kroger, H-E-B, Sam’s Club, Walmart, and Home Depot.
The property is positioned in a densely populated area with over 322,000 residents within five miles and a projected growth rate of 17.83 percent by 2022. Within one mile, the median home value exceeds $235,000 and the average household income exceeds $109,000.
The surrounding retail mix includes national tenants such as Advance Auto Parts, AutoZone, Lifetime Fitness, Kroger, H-E-B, Sam’s Club, Walmart, and Home Depot.
Key Highlights
- Single‑tenant Walgreens on Hwy 6 in Sugar Land, TX
- 25‑year NNN lease with no landlord responsibilities
- Over nine years remaining in the initial lease term
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
Similar Off Market Nearby
- NAHS Pharmacy II And Optical — 11677 S Texas 6, Sugar Land, TX 77498
- Walgreens Pharmacy — 11525 S Texas 6, Sugar Land, TX 77498
- GNC — 11557 S Texas 6, Sugar Land, TX 77498
- Asa Spa Line — 15500 voss rd, sugar land, tx 77498
- Kroger Pharmacy — 11565 S Texas 6, Sugar Land, TX 77498
FAQs
What type of property is this?
Drug store - Single-tenant NNN pharmacy property with corporate guarantee and over nine years remaining on the initial term.
Where is this drug store located?
The property is located at 11525 Highway 6 Sugar Land, TX.
What are key features of this property?
This property features: Single‑tenant Walgreens on Hwy 6 in Sugar Land, TX; 25‑year NNN lease with no landlord responsibilities; Over nine years remaining in the initial lease term