Property summary
This exceptional investment opportunity presents a 14,560 square foot Walgreens located at 1103 W Round Grove Rd, Lewisville, TX 75067. The property sits on a 1.89-acre lot and boasts a recently extended absolute NNN lease with Walgreens Boots Alliance, guaranteeing a stable income stream through May 31, 2034, with ten 5-year renewal options. The lease, commenced December 4, 2004, features a corporate guarantee and no rent reduction. The property enjoys a 6.25% cap rate and a strong NOI of… $317,000, with an asking price of $5,072,000 ($348.35/sq ft). Benefiting from high visibility at a signalized intersection with combined daily traffic counts exceeding 86,000 vehicles, the location is further enhanced by its proximity to two schools (nearly 5,000 students and 340+ faculty) and a senior living facility, serving a dense population of 114,938 within a 3-mile radius. The property's strategic location near the Dallas Fort Worth International Airport adds to its appeal. This is a truly passive investment opportunity with zero landlord responsibilities, as the tenant is responsible for all taxes, insurance, and maintenance. The building was constructed in 2004.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 14,560 SF
- Lot area
- 1.89 ac
- Year built
- 2004
- Stories
- 1
- APN
- R215739
- Assessed value · 2024
- $2,621,594
- Annual tax · 2023
- $43,410
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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