3233 E Germann Rd
Gilbert, AZ 85297
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Triple-Net NNN Corporate Lease • 56.8 Years Remaining on Lease Term • 6.8 years firm term • 214,390 Residents within a Five-Mile Radius
- Close Proximity to National Retailers - Dollar Tree, EoS Fitness, Fry’s Food And Drug, Jack in the Box, Sonic Drive-In, and More
- Strong Daytime Population - 165,604 Employees within Five Miles of the Site • Minutes from Arizona State University’s Polytechnic Campus
- Households and Population Projected to Increase 14-16% in Surrounding Area by 2026 • Signalized Hard Corner Location, Visible to 57,500+ Cars/Day
- Average Household Income Exceeds $136,000 within a One-Mile Radius • Three Miles from the Loop 202 Freeway, a Major Connector for the Phoenix Area
- FEE SIMPLE PROPERTY - NO GROUND LEASE
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
2.34 AC
Zoning
C-1, Gilbert - C1 (Neighborhood Commercial) Zone permits neighborhood commercial activities and small-scale freestanding businesses.
Parking
76 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 304-60-941 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $497,691 |
