Walgreens
Single-Tenant Offerings
Walgreens
4760 S Val Vista Drive
Gilbert (Phoenix MSA), AZ
- Price:
- $8,567,000
- Cap Rate:
- 6.00%
- NOI:
- $514,000
- Rentable SQFT:
- 10,000 SF
- Year Built:
- 2024
- Lot Size:
- 1.50 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- First Brand New Construction Store in Arizona in Approximately 10 Years
- Ranked #28 on Fortune 500 (NASDAQ: WBA), $145.53 Billion in Annual Revenue
- 5% Rental Increases Every 10 Years Beginning in Option 2
- Serving Over 283,000 Residents in One of the Fastest Growing Cities in the U.S.
- In the Heart of Thousands of New Homes Under Construction
- One of the Most Affluent Zip Codes in Arizona, Average HHI Exceeds $168,000 within 1 and 3 Miles
- Hard Corner Location at Busy Signalized Intersection with Over 53,000 Cars/Day
- 1.5 Miles to Award-Winning Mercy Gilbert Medical Center and Phoenix Children's Hospital
- Close Proximity to SanTan Village (8.8+ Million Shoppers/Year) and SanTan Motorplex (One of the Highest-Grossing Auto Sites in the U.S.)
- Surrounded by Several K-12 Schools with 16,000+ Students Nearby
- Minutes to Chandler Gilbert Community College - Pecos Campus with 14,700+ Students
- Strong Daytime Population, Over 72,000 Employees in Primary Trade Area
- Down the Street from Gilbert Youth Soccer Complex with 22 Soccer Fields, Thousands of Visitors Annually
- Just West of $100 Million Gilbert Regional Park (1+ Million Visitors Annually) and Planned Cactus Surf Park (Largest Water Park in Arizona)
- 8 Miles to Phoenix-Mesa Gateway Airport with 10,000 Employees, Undergoing Massive Expansion on 750 Acres
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