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Retail Pharmacy with Drive-Thru
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5101 S Lancaster Rd, Dallas, TX 75241

Built in 1996, this freestanding Walgreens includes drive-thru service and a double-net lease structure.

Property Size13,892 SF
Lot Size2.00 Acres
Days on Market119

Property Features for 5101 S Lancaster Rd

General Information

Standard status Active
Size 13,892 SF
Lot size 2.00 Acres
Property subtype Retail

Building Details

Year Built 1996
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 9:31PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present an exclusive offering for a Walgreens property at 5101 South Lancaster Road in Dallas, TX. Built in 1996, the site includes 13,892 square feet of building space and sits on approximately 2.0 acres of land. The property features a drive-thru and is currently leased on a double-net (NN) basis.

The lease provides approximately 8.5+ years of remaining term with minimal Landlord responsibilities. Rent is currently stated as $260,024. The lease expires on December 31, 2074, with the tenant having the ability to terminate every five years beginning in December 2029.

Key Highlights

  • Freestanding Walgreens built in 1996 at 5101 S Lancaster Rd, Dallas, TX
  • 13,892 SF building with drive‑thru service
  • Located on approximately 2.0 acres of land

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Tenesha K. Irvin, ... Pharmacy Cardtronics ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Kitchen & Bath Showroom Electrical Service

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

286
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 29% Electronics 6%
Jack in the Box Dining
13,860 visits/mo 0.2 miles
Burger King Dining
7,265 visits/mo 0.3 miles
Texaco Shops & Services
6,941 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
4,237 visits/mo 0.2 miles
Louisiana Fried Chicken Dining
2,956 visits/mo 0.2 miles

Demographics for 75241, TX

32,944
Population
11,151
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
25.3 sq mi
ZIP Area
1,302
Density / Sq Mi
$51,171
Median Household Income
$31,426
Median Earnings
$1,208
Median Rent
$162,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Walgreens Pharmacy 5101 S Lancaster Rd, Dallas, TX 75241
  • Fehintola Adio Peters, PHARM 5101 S Lancaster Rd, Dallas, TX 75241
  • RED BIRD PHARMACY 1251 E Red Bird Ln #120, Dallas, TX 75241
  • MyPeace Singing Hills Dr, Dallas, TX 75241
  • Matthew Villavasso 5101 S Lancaster Rd, Dallas, TX 752411328

Frequently Asked Questions

What type of property is this?
Drug store - Built in 1996, this freestanding Walgreens includes drive-thru service and a double-net lease structure.
Where is this drug store located?
The property is located at 5101 S Lancaster Rd Dallas, TX.
What are key features of this property?
This property features: Freestanding Walgreens built in 1996 at 5101 S Lancaster Rd, Dallas, TX; 13,892 SF building with drive‑thru service; Located on approximately 2.0 acres of land
(332) 345-4222 Call to check price and availability
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