Tempe, AZ 85282

Walgreens

Property Address

2000 South Mill Avenue, Tempe, AZ, USA

Offering Summary

  • Price: $9,145,000
  • Lot Size: 1.74 Acres
  • Cap Rate: 5.85%
  • Year Built: 2008
  • Building SF: 14,490
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Corporate Lease
  • 14 Years Remaining on Lease Term
  • 316,525 Residents in Growing Tempe Trade Area - Phoenix MSA
  • Down the Road from Downtown Tempe
  • Excellent Location Just Minutes from Arizona State University’s Tempe Campus (51,585+ Students)
  • Average Household Income Exceeds $74K in Immediate Area
  • Signalized Hard Corner Location - Visible to 55,150+ Cars/Day at the Intersection of Mill Avenue and Broadway Road
  • Directly Across from Tempe High School (1,725+ Students)
  • Strong Daytime Population - 624,967 Employees in Surrounding Area
  • Less Than 2 Miles Off the U.S. 60 and I-10 Freeways

Broker Information