3732 W Northwest Hwy Dallas, TX 75220

Listing agency The Kase Group k***@thekasegroup.com Show Phone

Listed by Kase Abusharkh · License #TX 708586

Source Crexi

Added: Apr 11 Updated: Jul 21 at 5:29PM Checked: Jul 21 at 5:29PM

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Investment Insights

Based on property information with market context.

The subject property is a net leased Walgreens featuring an absolute NNN lease structure with zero landlord obligations. The agreement calls for an initial 15-year term, and the tenant has twelve, five-year renewal options. The renewal increases are described as rare, with 5% increases every five years at each option period.

Located on West Northwest Highway in Dallas, Texas, the site is positioned on a major retail corridor with national retailers including Walmart Supercenter, Target, Whataburger, Sam’s Club, and Chick-fil-A, among others. The property is reported to be heavily trafficked, with 38,820 VPD along West Northwest Highway.

Key Highlights

• Net leased Walgreens in Dallas, Texas with a new 15‑year absolute NNN lease
• Absolute NNN structure with zero landlord obligations
• Tenant has twelve 5‑year renewal options

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FAQs

What type of property is this?

NNN property - Walgreens net lease with absolute NNN structure and zero landlord obligations on a heavily trafficked retail corridor.

Where is this nnn property located?

The property is located at 3732 W Northwest Hwy Dallas, TX.

What are key features of this property?

This property features: Net leased Walgreens in Dallas, Texas with a new 15‑year absolute NNN lease; Absolute NNN structure with zero landlord obligations; Tenant has twelve 5‑year renewal options