List Search

3005 E Riggs Rd
Chandler, AZ 85249 South Chandler

$6,980,000 USD

Freestanding For Sale  •  14,820 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 14,820 SF
  • Lot Size 1.81 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 7.32 %
  • Tenancy Single
  • Zoning PAD
0 Transit Score
45 Walk Score

Highlights

Prime Chandler Location: Located at the signalized intersection of E. Riggs Rd. and 136th St., with traffic counts exceeding 21,000 vehicles per day o
Established Walgreens Lease: Walgreens has demonstrated 15+ years of commitment to this location, offering investors a secure and stable income stream
Absolute NNN Lease: Walgreens is responsible for all property expenses including roof, structure, and parking lot, offering a truly passive investment
Active Residential Development Nearby: Magnolia by Shea Homes, a high-end subdivision with 93 lots, is currently under development just east of the si
Cap Rate: 7.32 %

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Phoenix-Mesa Gateway 23 min - 12.8 mi
Phoenix Sky Harbor International 39 min - 26.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 79
Type: Surface
Included in Rent: Yes
Arthur Flores 714-504-0262 CBRE, Inc.
Arthur Flores 714-504-0262 CBRE, Inc.