Axiom Capital Corp. provided financial advisory services in a permanent financing for the acquisition of a free-standing Walgreens in Irving, TX.
Walgreens has occupied the Property since it was built in 1996. The Property features a 13,905 square foot building with a Drive Thru and approximately 62 parking spaces (4.5 spaces per 1,000 square feet) on 1.5 acres. The Property is well-located at the intersection of two major thoroughfares in a high demographic suburb of Dallas. Walgreens is an investment grade tenant with a Moody’s rating of Baa2 and S&P rating of BBB.