Walgreens

Investment Overview

Exclusive Realty is pleased to present an exceptional NNN leased Walgreens investment opportunity located in Odessa, Texas, a major commercial and employment center of Ector County and one of the most prominent communities in the Permian Basin. Strategically positioned within the Midland-Odessa metropolitan area, the property benefits from excellent access to Interstate 20, U.S. Highway 385, State Highway 191, and Loop 338, providing convenient connectivity throughout Odessa, Midland, Monahans, and the broader West Texas trade area. Odessa's economy is anchored by the energy sector while also benefiting from healthcare, education, manufacturing, transportation, construction, hospitality, and retail. Major regional employers include Occidental Petroleum, Chevron, Diamondback Energy, Halliburton, SLB, Nabors Industries, Medical Center Hospital, Texas Tech University Health Sciences Center, The University of Texas Permian Basin, and Ector County Independent School District. Residents enjoy extensive shopping, dining, healthcare, entertainment, sports, and recreational amenities, including Music City Mall, Ellen Noël Art Museum, The Globe Theatre at Odessa College, Ratliff Stadium, McKinney Park, MCM Eleganté Lodge & Resort, and numerous parks, golf courses, restaurants, hotels, and entertainment venues throughout the Midland-Odessa region. The property's location within one of America's most important energy-producing markets provides a strong and diverse consumer base and makes Odessa an attractive market for long-term commercial real estate investment. Walgreens is one of America's most recognized pharmacy and healthcare retail brands and operates as part of Walgreens Boots Alliance. Walgreens locations provide prescription medications, pharmacy services, immunizations, health and wellness products, over-the-counter medications, personal care products, beauty merchandise, and everyday convenience items. This Odessa location benefits from strong regional employment, established residential neighborhoods, high traffic volumes, and consistent demand for essential healthcare and retail services. The NNN lease provides investors with a highly attractive net-lease structure in which the tenant is responsible for substantially all property operating expenses, including real estate taxes, insurance, and maintenance, subject to the specific terms of the lease. This structure offers investors the opportunity to acquire a nationally recognized essential-retail tenant while minimizing property-level management responsibilities.

Investment Highlights

• NNN lease structure designed to provide dependable long-term income with limited landlord responsibilities
• 11 Years remaining on the Initial Lease Term
• Excellent access to Interstate 20, U.S. Highway 385, State Highway 191, and Loop 338
• Part of the expanding Midland-Odessa metropolitan area
• Strong economy anchored by oil and gas, with additional support from healthcare, education, manufacturing, transportation, construction, hospitality, and retail
• Major regional employers include Occidental Petroleum, Chevron, Diamondback Energy, Halliburton, SLB, Nabors Industries, Medical Center Hospital, Texas Tech University Health Sciences Center, and UT Permian Basin
• Established residential neighborhoods and strong employment base create consistent demand for essential retail and healthcare services
• Surrounded by restaurants, grocery stores, financial institutions, medical facilities, hotels, schools, and national retailers
• Nearby amenities include Music City Mall, Ellen Noël Art Museum, The Globe Theatre, Ratliff Stadium, McKinney Park, golf courses, and numerous recreational facilities