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Walgreens Retail with Drive-Through
For Sale
Contact for pricing
Pending

5819 Burnet Rd, Austin, TX 78756

Well-established Walgreens with a drive-through on a hard corner with strong ingress and egress.

Property SizeContact for details
Days on Market121

Property Features for 5819 Burnet Rd

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Jeff Bracco · License #CA 01336201
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 7 at 5:37AM

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.

This property is a well-established Walgreens location offered for sale with a new 15-year absolute NNN lease. The lease structure calls for zero landlord obligations and is corporately guaranteed by Walgreens. The recently extended lease includes 5% increases every five years, along with twelve, five-year options to renew. The facility features a drive-through and is positioned on a hard corner.

The site offers strong ingress and egress points and is located across from H-E-B Grocery Store. It is also near Allandale Village Shopping Center.

The opportunity is presented as a specialty retail NNN asset with Walgreens as the tenant under the stated lease terms.

Key Highlights

  • Walgreens in Austin, TX with a new 15‑year absolute NNN lease
  • Lease has zero landlord obligations and is corporately guaranteed by Walgreens
  • Lease includes 5% increases every 5 years and twelve 5‑year renewal options

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Stephanie M. Weaver, ... Pharmacy FedEx OnSite Postal Service William Mcpherson Pharmacy

Suggested Use

Top Pick Dental Office Electrical Service Law Firm Building Supply Garden Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby
115k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 63% Shops & Services 16% Dining 16% Beauty & Spa 3%
H-E-B Groceries
71,301 visits/mo 0.0 miles
Mister Car Wash Shops & Services
12,652 visits/mo 0.1 miles
Voodoo Doughnut Dining
7,980 visits/mo 0.4 miles
AutoZone Shops & Services
4,920 visits/mo 0.3 miles
Amy's Ice Creams Dining
4,276 visits/mo 0.2 miles

Demographics for 78756, TX

8,426
Population
4,943
Households
1.7
Avg Household Size
37
Median Age
71%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
4,956
Density / Sq Mi
$97,149
Median Household Income
$56,515
Median Earnings
$1,383
Median Rent
$788,600
Median Home Value

Market

Vacancy Rate% for Retail in Austin, TX

5.3% 2019
6.4% 2020
5.2% 2021
4% 2022
4.1% 2023
3.9% 2024
4.1% 2025
Rey
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Similar Off Market Nearby

  • Walgreens Pharmacy 5819 Burnet Rd, Austin, TX 78756
  • CVS Pharmacy 5256 Burnet Rd STE B, Austin, TX 78756
  • Stephanie M. Weaver, PharmD 5819 Burnet Rd, Austin, TX 78756
  • Paola Fernandez 5808 Burnet Rd, Austin, TX 787561100
  • Yi-Rui Lye 5256 Burnet Rd STE B, Austin, TX 787562403

Frequently Asked Questions

What type of property is this?
Drug store - Well-established Walgreens with a drive-through on a hard corner with strong ingress and egress.
Where is this drug store located?
The property is located at 5819 Burnet Rd Austin, TX.
What are key features of this property?
This property features: Walgreens in Austin, TX with a new 15‑year absolute NNN lease; Lease has zero landlord obligations and is corporately guaranteed by Walgreens; Lease includes 5% increases every 5 years and twelve 5‑year renewal options
(510) 388-4438 Call to check price and availability
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