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Walgreens 3180 N Campbell Ave 15,616 SF Retail Building Tucson, AZ 85719 $6,000,000 ($384.22/SF) 7.50% Cap Rate



INVESTMENT HIGHLIGHTS
- NN lease structure with landlord obligations limited solely to roof and structure
- Prime hard-corner site along N. Campbell Avenue with 38,491 vehicles per day and on-site transit access, maximizing visibility and customer reach.
- Tucson’s retail sector continues to strengthen with limited new supply and steady national tenant expansion, supporting consistent rent performance
- The property ranks #866 out of 6,741 Walgreens locations nationwide, #24 out of 217 in Arizona, and #3 out of 35 within a 15-mile radius for visits
- Surrounded by 129,000+ residents within 3 miles, the property sits in a thriving infill corridor with strong demographics and rising household incomes
EXECUTIVE SUMMARY
Positioned in one of Tucson’s most prominent retail corridors, the property benefits from high visibility and excellent accessibility. The surrounding market combines a strong mix of established retailers with limited new construction, creating a stable environment and sustained demand for well-located commercial space. With a proven tenant in place and a property built for low-maintenance ownership, this Walgreens provides an opportunity to secure long-term income in a thriving retail market.
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Double Net
- Jun 2031
Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | - | - | Double Net | Jun 2031 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 112-05-052D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $462,555 |
PROPERTY TAXES
Presented by
Walgreens | 3180 N Campbell Ave
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