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Walgreens Single-Tenant Drug Store
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26482 US-281, San Antonio, TX 78258

Built-to-suit facility with an absolute net lease and long-term renewal options.

Property Size13,650 SF
Lot Size1.58 Acres
Days on Market144

Property Features for 26482 US-281

General Information

Standard status Active
Size 13,650 SF
Lot size 1.58 Acres
Property subtype Retail

Financials

Asking Price $9,223,300
Cap Rate 5.15%
Gross Income $475,000

Building Details

Year Built 2012
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Detroit
Listed By: Otto Wenzler · License #MI 6501402202
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:53PM

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 - Detroit

Investment Insights

Based on property information with market context.

This single-tenant drug store in San Antonio was constructed as a built-to-suit facility in 2012. The building contains approximately 13,650 square feet on 1.58 acres and is operated under an absolute net lease. Lease term extends for 25 years, with 50 one-year renewal options, and rent commenced June 11, 2012.

The property is located at 26482 US-281 in San Antonio, Texas, within Bexar County. Its commercial profile combines a freestanding pharmacy building, a substantial land component, and a long-term lease structure. The reported capitalization rate is 5.15%.

Key Highlights

  • Approximately 13,650‑square‑foot drug store on 1.58 acres
  • Built‑to‑suit construction completed in 2012
  • Absolute net lease with a 25‑year term

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Big Box & Wholesale Store Auto Parts Store

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

155
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78258, TX

51,073
Population
20,640
Households
2.5
Avg Household Size
38
Median Age
61%
College-Educated
97%
High-School Grad
17.4 sq mi
ZIP Area
2,935
Density / Sq Mi
$116,133
Median Household Income
$62,079
Median Earnings
$1,720
Median Rent
$446,700
Median Home Value

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025
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Similar Off Market Nearby

  • Gateway Bulverde Clinic Pharmacy (Tricare Patients) 25615 US-281 #215, San Antonio, TX 78258
  • Walgreens Pharmacy 26482 U.S. Hwy 281 N, San Antonio, TX 78258
  • Blaze Bros Smoke Shop // CBD and Kratom 26610 US-281 #5, San Antonio, TX 78260
  • ShearJoy.SA 26610 US-281, San Antonio, TX 78260

Frequently Asked Questions

What type of property is this?
Drug store - Built-to-suit facility with an absolute net lease and long-term renewal options.
Where is this drug store located?
The property is located at 26482 US-281 San Antonio, TX.
What are key features of this property?
This property features: Approximately 13,650‑square‑foot drug store on 1.58 acres; Built‑to‑suit construction completed in 2012; Absolute net lease with a 25‑year term
More about this property
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