Walgreens 37729 Vpd — Sale in Temple, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Temple, TX 76502

Investment Figures

Cap rate
8.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Offered for sale is a double net lease Walgreens located in Temple, Texas. The tenant has exercised its second renewal option, extending the lease term and demonstrating continued commitment to the site, which operates as a corporate-guaranteed store. The 13,573-square-foot property sits on a 1.77-acre parcel with dual-street frontage along South 31st Street and Marlandwood Road (combined 37,729 VPD) and is positioned within a primary retail corridor anchored by Walmart Supercenter and Temple Mall. The site benefits from direct connectivity to H K Dodgen Loop and proximity to major healthcare facilities, including Baylor Scott & White Medical Center and McLane Children’s Medical Center, supporting consistent traffic from surrounding retail and medical demand. Investment Highlights: • Recent Lease Extension | Tenant Exercised Second Option | 9.8 Years Remaining • Large 1.77 Acre Parcel | Dual-Street Frontage on South 31st Street and Marlandwood Road (Combined 37,729 VPD) • Positioned Within Retail Corridor Anchored by Walmart Supercenter and Temple Mall • Direct Connectivity to H K Dodgen Loop (51,733 VPD) — Temple's Primary Bypass Linking Regional Retail and Residential Growth • 640-Bed Baylor Scott & White Medical Center and 115-Bed McLane Children's Hospital Within 1 Mile • 83,180 Residents & 99,051 Daytime Population Driven by Healthcare and Retail Employment (5-Mile Radius) • Strategic Location Between Austin and Waco Along the I-35 Corridor • National Pharmacy Operator With 8,000+ Locations Nationwide

Market Context

This retail in Temple, TX is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Temple, TX — view the full market.

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