LEWISVILLE, Texas (May 2024) – MCM Partners, a leading private investment firm, proudly announces the successful closing of an equity placement to a prominent real estate investor for the purchase of a freestanding Walgreens in Lewisville, Texas. The strategic partnership between MCM Partners and the repeat developer client exemplifies the firm’s commitment to fostering growth opportunities in growing markets.
The property is situated on the hard-signalized corner of W Round Grove Road and S Valley Parkway, a densely populated Dallas Suburb located in the thriving North Texas region. National retailers such as McDonalds, Tom Thumb, QuikTrip, and many more surround Walgreens. Originally constructed as a build-to-suit for Walgreens in 2004, the subject property is a triple-net investment with ten years of firm term after the lease renewal is executed by the developer.
“Raising capital in this challenging environment is a testament to the dedication and expertise of our team,” said Derek Copeland, a principal at MCM Partners, which is headquartered in Charlotte, NC. “We are pleased to offer these high-quality projects backed by credit tenants to our network of accredited investors.”
For media inquiries, please contact Derek Copeland, Principal of MCM Partners, at 704-280-2497 or dcopeland@mcm-partners.com.
