Drive-Thru Walgreens
For Sale
Contact for pricing
2420 W Arkansas Ln, Arlington, TX 76013
Absolute NNN Walgreens with a drive-thru pharmacy and corporate lease in place with multiple extension options.
Property SizeContact for details
Days on Market130
Property Features for 2420 W Arkansas Ln
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
41,900 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last Checked: Jul 22 at 4:42PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
Fee simple interest is available in an absolute NNN Walgreens investment property with a drive-thru pharmacy and zero landlord responsibilities. The tenant, Walgreen Co., is in the initial lease term with more than 6 years remaining and includes 10 (5-year) options to extend. The lease is signed by the corporate entity Walgreen Co. (S&P: BBB), providing an investment-grade, management-free structure for the property ownership.
The building is situated at a signalized, hard corner intersection of W. Arkansas Lane and S. Bowen Road, averaging a combined 41,900 vehicles passing by daily. The property is equipped with a large monument sign for visibility along both cross-streets. The asset also benefits from direct access to State Highway 303, averaging 42,400 vehicles per day.
The location is within walking distance of Rush Creek Center, a 76,000 SF retail center anchored by a Walmart Neighborhood Market, and is near other grocery-anchored retail centers including Pioneer Plaza (105,000 SF) and Four Seasons Plaza (86,500 SF). Several housing communities are nearby, including Springfield Crossing (252 units), Shady Valley Square (114 units), and Cinnamon Park (272 units).
The building is situated at a signalized, hard corner intersection of W. Arkansas Lane and S. Bowen Road, averaging a combined 41,900 vehicles passing by daily. The property is equipped with a large monument sign for visibility along both cross-streets. The asset also benefits from direct access to State Highway 303, averaging 42,400 vehicles per day.
The location is within walking distance of Rush Creek Center, a 76,000 SF retail center anchored by a Walmart Neighborhood Market, and is near other grocery-anchored retail centers including Pioneer Plaza (105,000 SF) and Four Seasons Plaza (86,500 SF). Several housing communities are nearby, including Springfield Crossing (252 units), Shady Valley Square (114 units), and Cinnamon Park (272 units).
Key Highlights
- Absolute NNN Walgreens with fee simple land & building ownership in Arlington, Texas
- Corporate tenant lease: Walgreen Co. (S&P: BBB) has 6+ years remaining in the initial term plus 10 (5‑year) extension options
- Property includes a drive‑thru pharmacy
Property Analytics
Property Profile
Current Use
Lease Details
41,900 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Groceries 38%
Shops & Services 13%
Home Improvements & Furnishings 1%
Walmart Neighborhood Market
Groceries
47,739 visits/mo
0.2 miles
McDonald's
Dining
33,300 visits/mo
0.2 miles
Jack in the Box
Dining
13,228 visits/mo
0.3 miles
Taco Bueno
Dining
5,651 visits/mo
0.4 miles
Dollar General
Shops & Services
4,765 visits/mo
0.2 miles
Demographics for 76013, TX
36,535
Population
14,431
Households
2.5
Avg Household Size
32
Median Age
43%
College-Educated
91%
High-School Grad
9.0 sq mi
ZIP Area
4,059
Density / Sq Mi
$67,333
Median Household Income
$31,613
Median Earnings
$1,267
Median Rent
$287,000
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 - Absolute NNN Walgreens with a drive-thru pharmacy and corporate lease in place with multiple extension options.
Where is this nnn property located?
The property is located at 2420 W Arkansas Ln Arlington, TX.
What are key features of this property?
This property features: Absolute NNN Walgreens with fee simple land & building ownership in Arlington, Texas; Corporate tenant lease: Walgreen Co. (S&P: BBB) has 6+ years remaining in the initial term plus 10 (5‑year) extension options; Property includes a drive‑thru pharmacy
