Walgreens Drugstore with Absolute NNN
For Sale
Contact for pricing
Pending
1509 Wells Branch Pkwy, Pflugerville, TX 78660
Single-tenant retail facility with an absolute NNN lease and approximately 12 years remaining on the initial term.
Property Size14,507 SF
Days on Market141
Property Features for 1509 Wells Branch Pkwy
General Information
Standard status
Pending
Size
14,507 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:46AM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 14,507-square-foot retail building is occupied by Walgreens under a 25-year lease that began in 2010. The agreement is structured as absolute NNN, with zero landlord responsibilities for repairs or maintenance. Approximately 12 years remain on the initial lease term. Walgreens is publicly traded on NASDAQ under ticker WBA and carries a BBB- credit rating from Standard & Poor’s.
The property sits at the signalized intersection of Wells Branch Parkway and Dessau Road in Pflugerville, Texas. Combined traffic at the two corridors exceeds 38,865 vehicles daily. Brio, a 336-unit apartment complex, is positioned directly across from the store.
The site is approximately 12 miles north of downtown Austin, with more than 114,000 residents within 3 miles and over 271,000 within 5 miles. Average household income within 5 miles exceeds $105,000 and is projected to increase by more than 13 percent over the next 5 years.
The property sits at the signalized intersection of Wells Branch Parkway and Dessau Road in Pflugerville, Texas. Combined traffic at the two corridors exceeds 38,865 vehicles daily. Brio, a 336-unit apartment complex, is positioned directly across from the store.
The site is approximately 12 miles north of downtown Austin, with more than 114,000 residents within 3 miles and over 271,000 within 5 miles. Average household income within 5 miles exceeds $105,000 and is projected to increase by more than 13 percent over the next 5 years.
Key Highlights
- 14,507‑square‑foot Walgreens drugstore in Pflugerville, Texas
- Absolute NNN lease with zero landlord responsibilities for repairs or maintenance
- 25‑year lease commenced in 2010; approximately 12 years remain on the initial term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chevron
Shops & Services
5,764 visits/mo
0.3 miles
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Walgreens Pharmacy — 1509 E Wells Branch Pkwy, Pflugerville, TX 78660
- COVID-19 Drive-thru Testing at Walgreens — 1509 E Wells Branch Pkwy, Pflugerville, TX 78660
- Pharmacy — Dessau Rd, Pflugerville, TX 78660, United States
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant retail facility with an absolute NNN lease and approximately 12 years remaining on the initial term.
Where is this drug store located?
The property is located at 1509 Wells Branch Pkwy Pflugerville, TX.
What are key features of this property?
This property features: 14,507‑square‑foot Walgreens drugstore in Pflugerville, Texas; Absolute NNN lease with zero landlord responsibilities for repairs or maintenance; 25‑year lease commenced in 2010; approximately 12 years remain on the initial term
