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Dripping Springs, TX NNN Properties for Sale

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Walgreens Absolute NNN Drug Store
Updated: Apr 10
Walgreens Absolute NNN Drug Store

27495 Ranch Rd 12, Dripping Springs, TX 78620

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Walgreens drugstore at the signalized southwest corner of West Highway 290 and Ranch Road 12
Absolute NNN lease with no landlord responsibilities
Approximately 14.5 years remaining before 50 years of options to follow
Combined traffic counts exceed 29,000 vehicles per day
No other national chain standalone drugstores within a five‑mile radius
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Dripping Springs, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

1031 Exchange Retail Property
1031 Exchange Retail Property

6205 FM2770, Kyle, TX 78640

Contact for pricing
14,820 sqft 1.77 AC lot

Freestanding Walgreens-occupied property offered through beneficial ownership interests under a long-term NNN lease.

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Walgreens Absolute NNN Property
Walgreens Absolute NNN Property

2401 Ranch Rd 620 S, Austin, TX 78734

Contact for pricing

Established drugstore location with extended lease term, renewal options, and no landlord responsibilities.

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EVO NNN Entertainment Property
EVO NNN Entertainment Property

3200 Kyle Crossing, Kyle, TX 78640

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Fee simple ownership includes the land and building under an NNN lease.

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Three-Building NNN Property
Three-Building NNN Property

15210 Fitzhugh Rd #17, 18, 19, Austin, TX 78736

Contact for pricing

New and recent construction supports a fully occupied commercial investment with NNN tenancy.

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Dripping Springs, TX Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Dripping Springs, TX on our real estate platform.

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Demographics Overview

Population 21K
Population Growth (5Y) +22.2%
Median Household Income $146,551
College Educated 83.1%

Taxes & Financing

Tax Rate (average for all types) 1.51%
Property Tax per SF $39.84 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hays County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hays County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Dripping Springs fall within the 100,000+ square foot range.

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