Gilbert, AZ 85297

Walgreens

Property Address

3233 East Germann Road, Gilbert, AZ, USA

Offering Summary

  • Price: $5,846,000
  • Lot Size: 2.34 Acres
  • Cap Rate: 6.50%
  • Year Built: 2005
  • Building SF: 14,820
  • Status: Available
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  • Absolute Triple-Net (NNN) Corporate Lease
  • 10 Years Remaining on Lease Term
  • 198,752 Residents in Growing Gilbert Trade Area - Phoenix MSA
  • Households Projected to Increase 17%+ within a 5-Mile Radius by 2024
  • Signalized Hard Corner Location, Visible to 54,625 Cars/Day at the Intersection of Germann Road and Higley Road
  • Close Proximity to National Retailers - Sonic Drive-In, Fry’s, Lowe’s, EoS Fitness, CVS, Jack in the Box, Dollar Tree, and More
  • Average Household Income Exceeds $121K within a 5-Mile Radius
  • 3 Miles from the Loop 202 Freeway, a Major Connector for the Phoenix Area

Broker Information