Retail · Richardson, Texas
Walgreens - Richardson, Tx
Walgreens - Richardson, Tx is financed with a $3.4M CMBS loan at 4.75% that reaches maturity on May 11, 2029, in 2 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,376,775
- Original balance (same notes)
- $3,376,775
- Interest rate
- 4.75% fixed
- Originated
- April 24, 2019
- Maturity
- May 11, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 25, 2025, returned August 31, 2026
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 500 Centennial Boulevard, Richardson, TX 75081
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 14,820 sq ft
- Built
- 2007
- Largest tenants
- WALGREENS
- Value at securitization
- $5.6M (Mar 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.82x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $297K | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2019-C51 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The most recent valuation in the filing is $3.4M (October 19, 2025), against $5.6M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.4M | Current | No | n/a | n/a |
| August 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| July 2026 | $3.4M | Current | Yes | n/a | n/a |
| June 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| May 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| April 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| March 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| February 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| January 2026 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| December 2025 | $3.4M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| November 2025 | $3.4M | Current | Yes | n/a | n/a |
| October 2025 | $3.4M | 30-59 days delinquent | Yes | n/a | n/a |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Special-servicing history
- Transferred to the special servicer June 25, 2025, returned to the master servicer August 31, 2026.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C51 | 46 | $3,376,775 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Stonebriar Centre | Frisco, TX | Retail | $255.0M | 6.999% | Jul 2029 | 2.44x | 93% | Current |
| Legacy Corporate Centre I & II | Plano, TX | Office | $167.4M | 3.37% | Aug 2029 | n/a | n/a | Current |
| Renaissance Plano | Plano, TX | Hotel | $78.4M | 4.45% | Jul 2029 | 2.90x | 68% | Current |
| International Plaza II | Dallas, TX | Office | $78.3M | 7.43% | Oct 2029 | 1.98x | 97% | Current |
| Warwick Melrose & Allerton | Dallas, TX | Hotel | $78.0M | 8.14% | Mar 2029 | n/a | n/a | Current |
| One At&t | Dallas, TX | Office | $71.5M | 4.39% | Jan 2029 | 2.69x | 100% | Current |
| One At&t Plaza | Dallas, TX | Office | $60.0M | 4.39% | Jan 2029 | n/a | n/a | Current |
| Timber Creek Crossing | Dallas, TX | Retail | $57.5M | 6.175% | Feb 2029 | 1.59x | 100% | Current |
All loans maturing in 2029 · All Dallas-Fort Worth-Arlington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.