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Walgreens NNN Retail Property
For Sale
Contact for pricing
Pending

527 U.S Hwy 190, Copperas Cove, TX 76522

Absolute triple-net lease with scheduled 5% increases and multiple renewal options.

Property Size14,678 SF
Lot Size2.08 Acres
Days on Market144

Property Features for 527 U.S Hwy 190

General Information

Standard status Pending
Size 14,678 SF
Lot size 2.08 Acres
Property subtype Retail

Additional Details

Gross Income $370,500

Building Details

Buildings 1
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 1:57AM

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.

The property is a Walgreens retail facility containing approximately 14,678 rentable square feet on an estimated 2.08-acre parcel. The building is occupied under an absolute triple-net lease with a 15-year base term that began February 23, 2023.

Located at 527 U.S. Hwy 190 in Copperas Cove, Texas, the asset combines an established retail use with a substantial land component. Contractual rent increases are set at 5% intervals every 5 years during the initial term and throughout each renewal period. The lease also provides 12 renewal options, each extending for 5 years.

Key Highlights

  • Walgreens facility with approximately 14,678 rentable square feet
  • Estimated 2.08‑acre parcel at 527 U.S. Hwy 190, Copperas Cove, TX 76522
  • 15‑year absolute NNN lease commenced February 23, 2023

Property Analytics

Current Use

Cardtronics Atm LibertyX Bitcoin ATM Atm COVID-19 Drive-Thru Testing ... Pharmacy Redbox Cinema Tu A. Nguyen, PharmD Pharmacy

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 76522, TX

41,123
Population
17,370
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
94%
High-School Grad
115.0 sq mi
ZIP Area
358
Density / Sq Mi
$70,629
Median Household Income
$39,126
Median Earnings
$1,029
Median Rent
$174,000
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
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute triple-net lease with scheduled 5% increases and multiple renewal options.
Where is this nnn property located?
The property is located at 527 U.S Hwy 190 Copperas Cove, TX.
What are key features of this property?
This property features: Walgreens facility with approximately 14,678 rentable square feet; Estimated 2.08‑acre parcel at 527 U.S. Hwy 190, Copperas Cove, TX 76522; 15‑year absolute NNN lease commenced February 23, 2023
(332) 345-4222 Call to check price and availability
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