Walgreens Absolute NNN Drug
For Sale
Contact for pricing
27495 Ranch Rd 12, Dripping Springs, TX 78620
Established drugstore property under an absolute NNN lease with no landlord responsibilities.
Property SizeContact for details
Days on Market145
Property Features for 27495 Ranch Rd 12
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 7:57PM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
This Walgreens drugstore occupies the signalized southwest corner of West Highway 290 and Ranch Road 12 in Dripping Springs. The property operates under an absolute net lease structure, with no landlord responsibilities, and approximately 14.5 years remaining before 50 years of options to follow. Beer and wine sales are included in the store’s operations.
The location sits along Dripping Springs’ primary retail corridor, where combined traffic counts exceed 29,000 vehicles per day. National retailers in the surrounding area include Home Depot, Starbucks, HEB Grocery, Sonic, and McDonald’s. Premier Family Physicians and Dripping Springs Pediatrics are within 1 mile, while Caliterra, a 600-acre master-planned community with 585 homes, is five minutes south. Austin is 23 miles east of the property.
The location sits along Dripping Springs’ primary retail corridor, where combined traffic counts exceed 29,000 vehicles per day. National retailers in the surrounding area include Home Depot, Starbucks, HEB Grocery, Sonic, and McDonald’s. Premier Family Physicians and Dripping Springs Pediatrics are within 1 mile, while Caliterra, a 600-acre master-planned community with 585 homes, is five minutes south. Austin is 23 miles east of the property.
Key Highlights
- Walgreens drugstore at the signalized southwest corner of West Highway 290 and Ranch Road 12
- Absolute NNN lease with no landlord responsibilities
- Approximately 14.5 years remaining before 50 years of options to follow
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78620, TX
20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drug store - Established drugstore property under an absolute NNN lease with no landlord responsibilities.
Where is this drug store located?
The property is located at 27495 Ranch Rd 12 Dripping Springs, TX.
What are key features of this property?
This property features: Walgreens drugstore at the signalized southwest corner of West Highway 290 and Ranch Road 12; Absolute NNN lease with no landlord responsibilities; Approximately 14.5 years remaining before 50 years of options to follow
