Walgreens | Absolute-NNN Lease | ±12 Years Remaining… — Sale in Fort Worth, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fort Worth, TX 76111

Photos

Walgreens | Absolute-NNN Lease | ±12 Years Remaining… — Sale in Fort Worth, TX, photo 1 of 3
Walgreens | Absolute-NNN Lease | ±12 Years Remaining… — Sale in Fort Worth, TX, photo 2 of 3
Walgreens | Absolute-NNN Lease | ±12 Years Remaining… — Sale in Fort Worth, TX, photo 3 of 3

Investment Figures

Cap rate
5.37%

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

Marcus & Millichap is pleased to present a freestanding Walgreens with drive-thru pharmacy, strategically positioned along East Belknap Street in Fort Worth, Texas. The property sits within a high-visibility, established commercial corridor that connects Downtown Fort Worth, Interstate 35W, and surrounding residential neighborhoods, benefiting from strong daily traffic and consistent consumer demand. The asset is secured by an absolute NNN lease with approximately 12 years remaining, offering investors zero landlord responsibilities and fully passive income backed by a corporate Walgreens guarantee. Scheduled 5% rent increases every five years provide built-in income growth and long-term inflation protection. The site is surrounded by national retailers, medical users, schools, and service-oriented businesses, including Walmart Supercenter, Bank of America, AT&T, CVS, Popeyes, KFC, Taco Bell, and numerous neighborhood anchors. Located within the Dallas–Fort Worth Metroplex, one of the fastest-growing metropolitan areas in the nation, the property benefits from strong demographic fundamentals, a dense residential base, and ongoing redevelopment activity throughout East Fort Worth. With its essential retail positioning, corporate credit, and long-term passive lease structure, this Walgreens represents a secure and stable net-lease investment in a top-tier growth market. Investment Highlights: • Absolute NNN Lease | Zero Landlord Responsibilities • ±12 Years Remaining on Long-Term Lease • Scheduled 5% Rent Increases Every 5 Years • Corporate-Guaranteed Lease by Walgreens • Prime East Fort Worth Location Along East Belknap Street • Located Within the High-Growth Dallas–Fort Worth Metroplex

Market Context

This retail in Fort Worth, TX is listed for sale. It is offered at an approximate 5.4% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Fort Worth, TX — view the full market.

As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.

Its 5.4% asking cap rate is below the Dallas / Fort Worth retail market average of about 6.8%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Dallas / Fort Worth?
About 6.8% as of Q4 2025, per multiple brokerage reports.
Is the Dallas / Fort Worth retail market tightening or softening?
Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).

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