5819 Burnet Rd Austin, TX 78756

Listing Agency: The Kase Group j***@thekasegroup.com Show Phone

Listed By: Jeff Bracco · License #CA 01336201

Source: Crexi

Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 9:13AM

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Investment Insights

Based on property information with market context.

This property is a well-established Walgreens location offered for sale with a new 15-year absolute NNN lease. The lease structure calls for zero landlord obligations and is corporately guaranteed by Walgreens. The recently extended lease includes 5% increases every five years, along with twelve, five-year options to renew. The facility features a drive-through and is positioned on a hard corner.

The site offers strong ingress and egress points and is located across from H-E-B Grocery Store. It is also near Allandale Village Shopping Center.

The opportunity is presented as a specialty retail NNN asset with Walgreens as the tenant under the stated lease terms.

Key Highlights

• Walgreens in Austin, TX with a new 15‑year absolute NNN lease
• Lease has zero landlord obligations and is corporately guaranteed by Walgreens
• Lease includes 5% increases every 5 years and twelve 5‑year renewal options

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Similar Off Market Nearby

• Walgreens Pharmacy — 5819 Burnet Rd, Austin, TX 78756
• CVS Pharmacy — 5256 Burnet Rd STE B, Austin, TX 78756
• Stephanie M. Weaver, PharmD — 5819 Burnet Rd, Austin, TX 78756
• Paola Fernandez — 5808 Burnet Rd, Austin, TX 787561100
• Yi-Rui Lye — 5256 Burnet Rd STE B, Austin, TX 787562403

FAQs

What type of property is this?

Drug store - Well-established Walgreens with a drive-through on a hard corner with strong ingress and egress.

Where is this drug store located?

The property is located at 5819 Burnet Rd Austin, TX.

What are key features of this property?

This property features: Walgreens in Austin, TX with a new 15‑year absolute NNN lease; Lease has zero landlord obligations and is corporately guaranteed by Walgreens; Lease includes 5% increases every 5 years and twelve 5‑year renewal options