Former Walgreens Retail Store - Sublease

510 N Alamo Rd, Alamo, TX 78516

  • For Lease $12.00/SF/YR
  • Property Type Retail - Freestanding
  • Property Size 14,550 SF
  • Lot Size 1.39 Acre
  • Property Tenancy Single Tenant
  • Year Built 2009
  • Date Updated Aug 16, 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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Reach out to the broker for more info on lease terms and amenities

Spaces Available

Contacts

broker
Kory Pryor

23 Realty Advisors

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does retail space at 510 N Alamo Rd cost?

The asking price for retail space at 510 N Alamo Rd is $12.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 510 N Alamo Rd?

The property has 14,550 square feet of rentable Freestanding space. Rental opportunities here are available under Modified Gross lease terms.

The building accommodates a Single Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 510 N Alamo Rd?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 510 N Alamo Rd. You can find 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 510 N Alamo Rd.

Is 510 N Alamo Rd located in a popular area for retail businesses?

The property is part of Alamo.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Kory Pryor

23 Realty Advisors

  1. 1Main information
  2. 2Extra information
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