Phoenix, AZ 85035

Walgreens

Property Address

4315 West McDowell Road, Phoenix, AZ, USA

Offering Summary

  • Price: $3,450,000
  • Lot Size: 1.882 Acres
  • Cap Rate: 6.61%
  • Year Built: 2000
  • Building SF: 14,995
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with 3.5 Years Remaining on Lease Term and Multiple Renewal Options
  • 22+ Year Operating History - Tenant has Occupied the Site Since 2002
  • Depreciable Fee Simple Property
  • Dense Phoenix Infill with 408,096 Residents within a Five-Mile Radius
  • Excellent Frontage and Accessibility at the Corner of West McDowell Road and North 43rd Avenue (104,000 Combined Cars per Day)
  • Situated Immediately Off Interstate-10, a Major Connector for the Phoenix Area with Direct Access to Downtown Phoenix and Phoenix Sky Harbor International Airport
  • Surrounded by National Retailers: Fry's, Food City, Smart & Final, Pizza Hut, etc.
  • Corporate Guaranty by Walgreens

Broker Information