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1301 E Whitestone Blvd, Cedar Park, TX 78613
Single-tenant Walgreens NNN investment in the high-growth Cedar Park submarket of Austin, TX. The property features absolute NNN lease structure with zero landlord responsibilities and a corporate-guaranteed lease from Walgreens Boots Alliance (S&P: BBB).
Strategically positioned at a signalized hard-corner intersection with over 42,000 AADT traffic counts. Cedar Park is one of the fastest-growing suburbs in Central Texas with strong household income demographics supporting long-term retail demand.
Buy — Score 74/100. Strengths: solid 5.