The Porosoff Group of Compass Commercial is pleased to offer for sale a Walgreens Pharmacy located at 6984 Rufe Snow Drive in Fort Worth, Texas. The subject is a 15,120 square foot Drive-Thru Walgreens situated on the hard corner of Rufe Snow Drive and Hightower Drive. Walgreens has nine years and nine months remaining on their lease with five 5-year options remaining. Walgreens is on a double-net lease structure with minimal landlord responsibilities.
The subject property is located in a high-traffic area of North Richland Hills, a high-end suburb of Dallas and Fort Worth. With greater road capacity, more reliable travel times, and increased access, many companies are looking to expand or relocate here. According to 2020 CENSUS, there are 70,441 people residing in North Richland Hills with an above-average household income of $85,281. The city’s largest employer, Santander Consumer USA, Inc, is less than a mile south of Walgreens and employs 1,500 locals. North Richland Hills in Tarrant County’s third-largest city and more growth is anticipated to accompany economic redevelopment and revitalization along the improved Northeast Loop 820 corridor.
CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
License: FL SL3160379
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