18591 N 59th Ave | Glendale, AZ 85308
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18591 N 59th Ave
Glendale, AZ 85308
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This CVS location ranks among the top 10% CVS of stores in Arizona and in the top 20% of all CVS stores across the US over the last 12 months.
- The lease has ±20 years of primary term remaining with three 5-year renewal options. Each renewal option includes a ±10% rent increase.
- 8.6 MSF or retail, 3.1 MSF of office and 8,896 multifamily units within a 3-mile radius of the subject property.
- CVS recently agreed to extend the lease to 2042 and provide a corporate guaranty from CVS Health Corporation.
- This 24-hour CVS location features a MinuteClinic and serves as a HealthHUB Store.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,258 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.62 AC
Zoning
SC, Glendale - Shopping Center
Parking
59 Spaces (4.14 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 200-49-001G | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $557,598 |
PROPERTY TAXES
Parcel Number
200-49-001G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$557,598
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