Drug Store with Drive-Through
For Sale
Contact for pricing
Pending
2702 W Wheeler Ave, Aransas Pass, TX 78336
Long term absolute NNN lease property with Walgreens subsidiary tenant, guaranteed by Walgreen Co., featuring drive-through lane use.
Property SizeContact for details
Days on Market117
Property Features for 2702 W Wheeler Ave
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Aug 4 at 1:02PM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
The property is leased under a long term Absolute NNN structure described as having no landlord management or maintenance responsibilities whatsoever. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. Rental terms include 5% rent increases every five years during the original term, plus 12 five-year renewal options if exercised.
The location is a signalized corner at W Wheeler Ave & N Main Street, with visibility from Highway 35. The site is described as being across the street from a Walmart Supercenter and Lowe’s Home Improvement, supporting retail-access considerations for a drive-through lane.
The offering is presented as an absolute NNN Walgreens-related investment with drive-through oriented operation, while stating that certain financial and building details and demographic information are estimates and must be verified during due diligence.
The location is a signalized corner at W Wheeler Ave & N Main Street, with visibility from Highway 35. The site is described as being across the street from a Walmart Supercenter and Lowe’s Home Improvement, supporting retail-access considerations for a drive-through lane.
The offering is presented as an absolute NNN Walgreens-related investment with drive-through oriented operation, while stating that certain financial and building details and demographic information are estimates and must be verified during due diligence.
Key Highlights
- Long term absolute NNN lease with no landlord management or maintenance responsibilities
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78336, TX
12,009
Population
6,577
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
87%
High-School Grad
60.0 sq mi
ZIP Area
200
Density / Sq Mi
$58,536
Median Household Income
$37,297
Median Earnings
$1,182
Median Rent
$204,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Walgreens Pharmacy — 2702 W Wheeler Ave, Aransas Pass, TX 78336
- Brandy Rios — 2501 W Wheeler Ave, Aransas Pass, TX 783365916
- Rachel Robinson — 2702 W Wheeler Ave, Aransas Pass, TX 78336
- Walmart Pharmacy — 2501 W Wheeler Ave, Aransas Pass, TX 78336
Frequently Asked Questions
What type of property is this?
Drug store - Long term absolute NNN lease property with Walgreens subsidiary tenant, guaranteed by Walgreen Co., featuring drive-through lane use.
Where is this drug store located?
The property is located at 2702 W Wheeler Ave Aransas Pass, TX.
What are key features of this property?
This property features: Long term absolute NNN lease with no landlord management or maintenance responsibilities; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options
