Peoria, AZ 85382

VillageMD (Walgreens Owned)

Property Address

7445 West Bell Road, Peoria, AZ, USA

Offering Summary

  • Price: $6,784,000
  • Lot Size: .74 Acres
  • Cap Rate: 5.25%
  • Year Built: 1999/2023
  • Building SF: 8,094
  • Status: Available
Download Brochure Submit Offer
  • Brand New 10-Year Triple-Net (NNN) Lease with Corporate Guaranty
  • Strong Lease Guarantor - Over 340 Locations and Growing with $5.2 Billion Invested by Walgreens in 2021
  • Across from Arrowhead Towne Center - 170+ Brands, Restaurants, and Anchored - the #1 Highest Volume Regional Mall in Arizona
  • 10 Percent Rental Increases Every Five Years
  • 313,090 Residents within a Five-Mile Radius - Growing Peoria Trade Area in the Phoenix MSA
  • Subject Property Includes 15 Exam Rooms
  • Situated Along the Dense Bell Road Retail Corridor - Major Tenants Include Target, Walmart, Living Spaces, The Home Depot, and Nordstrom Rack
  • Excellent Visibility and Accessibility Along Bell Road - More Than 69,000 Cars/Day at the Corner of Bell Road and 75th Avenue

Broker Information