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2050 Long Prairie Rd, Flower Mound, TX, 75022
Walgreens Drug Store with Drive-Through

2050 Long Prairie Rd Flower Mound, TX 75022

For Sale
Contact for pricing
Pending

Long-term absolute NNN Walgreens lease with drive-through setup and scheduled 5% rent increases every five years.

Days on Market104

Property Features for 2050 Long Prairie Rd

General Information

Standard status
Pending
Property subtype
Retail
Listing Agency: Marcus & Millichap - Nashville
Listed By: Jason Hernandez · License #CA 01392646
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 23 at 1:54PM

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.

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

Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Law Firm Hair Salon Real Estate Agency Auto Repair Shop Auto Parts Store Storage Facility Accounting Firm Daycare Center Grocery & Convenience Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Walgreens Pharmacy — 2050 Long Prairie Rd, Flower Mound, TX 75022
  • Shelley Dorsey — 2050 Long Prairie Rd, Flower Mound, TX 750224221
  • Harmanjit Dhami — 2050 Long Prairie Rd, Flower Mound, TX 750224221
  • David Lee — 2050 Long Prairie Rd, Flower Mound, TX 750224221
  • Thanh Lee — 2050 Long Prairie Rd, Flower Mound, TX 75028

FAQs

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
More about this property
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