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3005 E Riggs Rd
Chandler, AZ 85249
Walgreens: Corporately Guaranteed Abs NNN Lse · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,820 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.81 AC
Zoning
PAD - Commercial Use C-2
Parking
79 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
100’ on Riggs Road

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

About 3005 E RIGGS RD , CHANDLER, AZ 85249

Walgreens has 14+ years remaining on initial 25-year corporately guaranteed Absolute NNN lease (zero landlord responsibilities) and fifty one-year renewal options. The tenant, Walgreens Boots Alliance has 9,560 drugstores in the US, Puerto Rico, and the US Virgin Islands. This asset has been successfully open and operating since 2008 with a strong sales performance! **STRONG (POSITIVE TRENDING) SALE PERFORMANCE** Walgreens is located in Chandler, Arizona at a signalized-hard corner intersection with excellent drive-by visibility. Nearby retailers include: Albertsons, Basha’s, Fry’s Marketplace, Sprouts Farmers Market, Goodwill, CVS Pharmacy, Ace Hardware, AutoZone, etc. This asset is across the street from Clarendale of Chandler (246 unity assisted living facility), 7 miles from Chandler-Gilbert Community College (enrollment of 4,141), 19 miles from Mesa Community College (enrollment of 6,223) and 7 miles from Mercy Gilbert Medical Center (212 beds).

Property Taxes

Property Taxes

Parcel Number
304-88-149
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$501,991
  • Listing ID: 16068175

  • Date on Market: 5/16/2019

  • Last Updated:

  • Address: 3005 E Riggs Rd, Chandler, AZ 85249

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