2785 N Pinal Ave | Casa Grande, AZ 85122
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2785 N Pinal Ave
Casa Grande, AZ 85122
Walgreens 17+ years lease primary term! · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walgreens 17+ Years Lease Primary Term!
- Long-Term Ground Lease – 66 Years Remaining
- Strategic Location – Casa Grande Located at Intersection of Interstates 8 and 10, Midway Between Phoenix and Tucson
- Bondable Triple Net (NNN) Lease – No Landlord Responsibilities; Tenant Responsible for All Taxes, Insurance, Maintenance, Repairs and Operating Costs;
- Corporate Guaranty – Lease Completely Guaranteed by Walgreen Company, an Investment Grade Tenant with Annual Revenues Exceeding $137 Billion
- Zero Cash Flow – In-Place, Fully Amortizing, Assumable, Zero Cash Flow Debt Financing with Attractive Tax Incentives
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,736 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.04 AC
Parking
62 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 504-31-704 | Improvements Assessment | $1,676,565 |
| Land Assessment | $444,315 | Total Assessment | $2,120,880 |
PROPERTY TAXES
Parcel Number
504-31-704
Land Assessment
$444,315
Improvements Assessment
$1,676,565
Total Assessment
$2,120,880
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