Overview
Cromwell Commercial Group is pleased to present this freestanding 13,000+/- SF retail asset located at a signalized corner in the primary retail corridor of Orange, TX.
The property is 100% occupied by investment-grade tenant, Walgreens, providing strong credit tenancy and stability. As part of its ongoing store-optimization strategy, Walgreens initially evaluated this location in 2023, and following further review, chose to reinstate and extend the store in mid-2024 - one of the clearest indicators of long-term store viability and market strength in today’s market.
Property Highlights
Retail
For Sale
Listing Type
Available Acres
Available Acres
13000
ac
sf
Available Square Footage
Available Acres
13000
ac
sf
Available Square Footage
Available Acres
sf
–
sf
Available Square Footage
–
Available Acres
Orange
Market
Property Features
- • 6.5% cap rate
- • Firm term through October 31, 2026
- • Rare percentage-rent upside
- • NNN lease
- • 15+ years of optimal term remaining
- • Located in strong Southeast Texas/Louisiana industrial market (port, refineries, LNG boom)
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