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Drugstore For Sale • 15,525 SF
| LEASE RENEWAL – Walgreens recently extended its lease at existing rental rates, signaling a long-term commitment to this high-performing location. |
| TOP PERFORMING STORE – Generates over $2.64 million in annual sales, placing this store among the top-performing Walgreens locations nationwide. |
| HEALTHY RENT-TO-SALES RATIO – Features a sustainable ±8% rent-to-sales ratio, demonstrating operational efficiency and strong tenant performance. |
| BELOW MARKET RENT – Currently leased at approximately $14/SF, which is below market, providing future upside potential as area rents continue to rise. |
| STRONG DEMOGRAPHICS – Serves a dense and affluent population of 362,266+ residents with an average household income of $88,583 within a 5-mile radius. |
| HIGH-TRAFFIC CORRIDOR – Positioned along a major thoroughfare and a four way lighted intersection, the property sees ±48,000 vehicles per day. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Phoenix-Mesa Gateway | 23 min | - | 13.3 mi |
| Phoenix Sky Harbor International | 27 min | - | 15.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 82 |
| Type: | Surface |
| Included in Rent: | Yes |
