Former Walgreens Retail Store - Sublease

For Lease

510 N Alamo Rd, Alamo, TX 78516

You can currently find 1 retail space(s) available for lease at Former Walgreens Retail Store - Sublease. Designated use type for space listed here includes freestanding. Current retail listings at this property total 14,550 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Former Walgreens Retail Store - Sublease.

Space Available For Lease 1

Contacts

broker
Kory Pryor

23 Realty Advisors

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,550 SF
  • Lot Size 1.39 Acre
  • Property Tenancy Single Tenant
  • Year Built 2009
  • Date Updated Aug 11, 2025
* Former Walgreens site located in Outlying Hidalgo County, TX retail submarket * Situated on FM 907 (N. Alamo Rd.), the site has close, direct access to Interstate 2 (I-2) * Located on 4-way signalized hard corner * AADT of approx. 20,835 at N. Alamo Rd. & W Expy. 83 N. (source: Costar) * Increased Population Growth Projected From 2024-2029 (source: Costar) * Approximately 63 Surface Parking Spots (Estimated) * Built in 2009 (source: Costar)Rent: $174,600 Yr. ($12.00/SF) Modified Net (inclusive of RE Taxes only; Insurance, Repair & Maintenance Costs and Utilities are subtenant's responsibility) Term: Thru 9/30/2038 (co-terminus with Master Walgreens Lease) Premises: Approx. 14,550 SF, plus Drive-Thru Signage: Building + Street-side Pylon w/ Digital Panel Premises Delivery: AS-IS Zoning: C - Commercial (Alamo, Texas Zoning Ordinances) Parking: Approx. 63 estimated surface spots PRICE + TERMS, ALONG WITH ALL OFFERS, ARE SUBJECT TO APPROVAL OF WALGREEN CO.’S REAL ESTATE COMMITTEE
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Getting around

  • 76/100

    Walk Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Alamo, TX
  • Neighborhood Alamo
  • Zip Code 78516
  • Market McAllen

Points of Interest

  • H-E-B Fuel

    0.16 miles

  • Valero

    3.93 miles

  • Sunoco

    4.11 miles

  • 76

    4.45 miles

  • Circle K

    5.00 miles

  • 7-Eleven

    5.05 miles

  • Murphy USA

    5.07 miles

  • Tesla Supercharger

    8.60 miles

  • Car Rental Lot

    7.23 miles

  • Lot 5

    7.80 miles

  • Lot 4

    7.86 miles

  • Lot 10

    7.87 miles

  • Lot 9

    7.88 miles

  • Lot 3

    7.88 miles

  • Lot 2

    7.92 miles

  • Lot 6

    7.92 miles

  • Lot 7

    7.94 miles

  • Lot 8

    7.96 miles

  • Pizza Hut

    0.05 miles

  • Whataburger

    0.06 miles

  • Stars Drive-in

    0.35 miles

  • The Original Willie's Bar-B-Q

    0.58 miles

  • The Landmark on Tower

    0.76 miles

  • Burger King

    0.77 miles

  • Junction Cafe

    3.88 miles

  • Muelle 37

    3.89 miles

  • Dairy Queen

    3.90 miles

  • Texas Chicken

    3.92 miles

  • H-E-B

    0.24 miles

  • Walmart Supercenter

    0.62 miles

  • H-E-B Plus!

    2.84 miles

  • H-E-B plus!

    4.27 miles

  • Seoul Asian Market

    5.03 miles

  • TJ Maxx

    5.07 miles

  • Bealls

    5.07 miles

  • Ross

    5.08 miles

  • Marshalls

    5.61 miles

  • Target

    5.70 miles

510 N Alamo Rd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Former Walgreens Retail Store - Sublease asks $12.00/SF/YR per square foot.

  • The property includes 14,550 square feet of retail space for lease. Of this total, 14,550 square feet are Freestanding.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kory Pryor

23 Realty Advisors

  1. 1Main information
  2. 2Extra information
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