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Walgreens |  $4,332,000  |  6.50% CAP

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» ABSOLUTE NET LEASE NO LANDLORD RESPONSIBILITIES:12.5 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5 Years. 


» OUTPARCEL TO WALMART ANCHORED SHOPPING CENTER: Subject Property is Strategically Located at the Entrance of a Busy Walmart.


» STRATEGIC SIGNALIZED LOCATION WITH LIMITED WALGREENS COMPETITION IN IMMEDIATE TRADE AREA: Walgreens is Located on North Arizona Blvd. which sees 15,367+ VPD. The Nearest Walgreens to Subject Property is 18 Miles Away which Allows this Location to Excel


» PHOENIX MSA: The Phoenix MSA (Metropolitan Statistical Area) is One of the Fastest-Growing Regions in the U.S., Characterized by a Dynamic Economy, Diverse Industries, and a Rapidly Expanding Population


» NEARBY TO THREE MAJOR SCHOOLS 7,148 HOUSEHOLDS IN 5-MILE RADIUS: Walgreens Business Benefits from Being Close to Three Schools Totaling 2,299+ Students.


» STRONG CORPORATE GUARANTY: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.

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» STRONG DEMOGRAPHICS IN 10-MILE TRADE AREA: The 10-Mile Trade Area Supports Over 66,641+ Residents with an Average Household Income Exceeding $75,000.

BROKER OF RECORD: 

RYAN SARBINOFF
#BR675146000 
2398 East Camelback Road, Ste. 300, Phoenix, AZ 85016
P: 602-687-6700

© 2026 Deltondo Advisory Group of Marcus & Millichap Newport Beach

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