1031 Exchange Retail
For Sale
Contact for pricing
6205 FM2770, Kyle, TX 78640
Freestanding Walgreens-occupied property offered through beneficial ownership interests under a long-term NNN lease.
Property Size14,820 SF
Lot Size1.77 Acres
Days on Market147
Property Features for 6205 FM2770
General Information
Standard status
Active
Size
14,820 SF
Class
A
Lot size
1.77 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Core+
Building Details
Year Built
2012
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marzo Capital Group
Listed By:
Peter Jon Marzo · License #FL CQ-1062388
Source:
Crexi
Added: Apr 6
Changed: Aug 30
Last Checked: Aug 30 at 12:45AM
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 Marzo Capital Group
Investment Insights
Based on property information with market context.
This 14,820-square-foot freestanding retail building was constructed in 2012 on 1.77 acres at 6205 FM 2770 in Kyle, Texas. Walgreens Co. occupies the property under a 25-year triple-net lease, with 11 years remaining through 3/31/2037 and six additional five-year extension periods. The offering provides beneficial ownership interests rather than a direct sale of the real estate.
The property is located in the Austin MSA and sits near national retailers including Taco Bell and Sonic. The investment is compatible with 1031 exchanges and is available only to accredited investors. An existing loan carries a 6% fixed interest rate, a 25-year amortization schedule, a December 22, 2030 maturity date, and 57.17% LTV; investors assume their pro-rata share of the debt.
The property is located in the Austin MSA and sits near national retailers including Taco Bell and Sonic. The investment is compatible with 1031 exchanges and is available only to accredited investors. An existing loan carries a 6% fixed interest rate, a 25-year amortization schedule, a December 22, 2030 maturity date, and 57.17% LTV; investors assume their pro-rata share of the debt.
Key Highlights
- 14,820‑square‑foot retail building on 1.77 acres
- Walgreens Co. occupies the property under a 25‑year triple‑net lease
- 11 years remain on the lease, expiring 3/31/2037
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
SONIC Drive In
Dining
13,780 visits/mo
0.0 miles
Shell
Shops & Services
12,439 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,788 visits/mo
0.1 miles
Krispy Krunchy Chicken
Dining
2,914 visits/mo
0.2 miles
Domino's Pizza
Dining
1,931 visits/mo
0.2 miles
Demographics for 78640, TX
64,539
Population
25,236
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
87%
High-School Grad
89.6 sq mi
ZIP Area
720
Density / Sq Mi
$88,533
Median Household Income
$45,439
Median Earnings
$1,572
Median Rent
$291,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
1031 exchange property - Freestanding Walgreens-occupied property offered through beneficial ownership interests under a long-term NNN lease.
Where is this 1031 exchange property located?
The property is located at 6205 FM2770 Kyle, TX.
What are key features of this property?
This property features: 14,820‑square‑foot retail building on 1.77 acres; Walgreens Co. occupies the property under a 25‑year triple‑net lease; 11 years remain on the lease, expiring 3/31/2037
