McALLEN - The Walgreens property, located at 2300 Pecan Blvd., has been sold for $2.284 million. The 13,029 sf building, fully leased to Walgreens, sits on a 1.57-acre parcel near South Texas College.
The seller was an East Coast institution and the buyer was a private Midwest based investor.
Walgreens has five years of lease term remaining on an original 25-year lease.
Read more at Real Estate Rama.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.