Walgreens Drug Store with
For Sale
Contact for pricing
Pending
2050 Long Prairie Rd, Flower Mound, TX 75022
Long-term absolute NNN Walgreens lease with drive-through setup and scheduled 5% rent increases every five years.
Property SizeContact for details
Days on Market116
Property Features for 2050 Long Prairie Rd
General Information
Standard status
Pending
Property subtype
Retail
Amenities
drive-through lane
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Aug 4 at 11:58AM
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.
This Walgreens drug store is offered under a long-term absolute NNN lease structure, with no landlord management or maintenance responsibilities. The lease is described as guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., and includes 5% rent increases every five years during the original term, plus 12 five-year renewal options if exercised.
The property is positioned at a 4-way signalized corner along Long Prairie Road and Flower Mound Road. The site is directly across the street from a Walmart Neighborhood Market, and the remarks cite daily traffic volumes of 39,352 VPD on Long Prairie Road and 22,860 VPD on Flower Mound Road.
The site is described as incorporating a critical drive-through lane, supporting customer service by vehicle.
The property is positioned at a 4-way signalized corner along Long Prairie Road and Flower Mound Road. The site is directly across the street from a Walmart Neighborhood Market, and the remarks cite daily traffic volumes of 39,352 VPD on Long Prairie Road and 22,860 VPD on Flower Mound Road.
The site is described as incorporating a critical drive-through lane, supporting customer service by vehicle.
Key Highlights
- Long‑term absolute NNN Walgreens 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
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
242k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 20%
Groceries 17%
Home Improvements & Furnishings 1%
Walmart Neighborhood Market
Groceries
40,631 visits/mo
0.3 miles
Chick-fil-A
Dining
35,948 visits/mo
0.1 miles
McDonald's
Dining
25,843 visits/mo
0.2 miles
Exxon
Shops & Services
16,944 visits/mo
0.1 miles
Culver's
Dining
16,607 visits/mo
0.1 miles
Demographics for 75022, TX
26,781
Population
9,491
Households
2.8
Avg Household Size
41
Median Age
68%
College-Educated
97%
High-School Grad
19.5 sq mi
ZIP Area
1,373
Density / Sq Mi
$178,969
Median Household Income
$82,435
Median Earnings
$2,183
Median Rent
$617,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
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- David Lee — 2050 Long Prairie Rd, Flower Mound, TX 750224221
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Frequently Asked Questions
What type of property is this?
Drug store - Long-term absolute NNN Walgreens lease with drive-through setup and scheduled 5% rent increases every five years.
Where is this drug store located?
The property is located at 2050 Long Prairie Rd Flower Mound, TX.
What are key features of this property?
This property features: Long‑term absolute NNN Walgreens 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
