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Cottonwood, AZ 86326

Walgreens

Property Address

550 South Main Street, Cottonwood, AZ, USA

Offering Summary

  • Price: $5,011,000
  • Lot Size: 1.63 Acres
  • Cap Rate: 6.70%
  • Year Built: 1999
  • Building SF: 14,754
  • Status: Available
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  • More Than 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Walgreens Guaranty and Multiple Renewal Options
  • Long Term Occupancy - Tenant has Operated at this Location for 22 Years, Showing Commitment to the Site
  • Signalized Hard Corner Location, Visible to Nearly 41,000 Cars per Day
  • Located Along the City's Primary Retail Corridor - Surrounding Tenants Include Walmart, The Home Depot, Safeway, and Dollar Tree
  • Households and Population Projected to Increase Approximately 6% in the Trade Area Over the Next 5 Years
  • Adjacent to the Verde Valley Fairgrounds
  • Cottonwood is Conveniently Located within a 2-Hour Drive of Phoenix

Broker Information

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