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1959 N Grand Ave
Nogales, AZ 85621

$3,400,000 USD

Drugstore For Sale  •  14,533 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,533 SF
  • Lot Size 1.83 AC
  • Building Class C
  • Year Built 2004
  • Tenancy Single
40 Walk Score

Highlights

Premier hard corner location — Walgreens operating 22+ years at signalized intersection
Fee-simple NNN lease with two dedicated curb cuts and excellent ingress/egress
Only major stand-alone pharmacy in the area with defensible competitive position
Captures cross-border consumer traffic from U.S. and Mexican shoppers
Outparcel to Mariposa Shopping Center near the Mariposa Port of Entry
9.00% cap rate on $318,000 annual rent with four 5-year renewal options
David Harrington 310-295-1170 Matthews Real Estate Investment Services
David Harrington 310-295-1170 Matthews Real Estate Investment Services