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Walgreens 9233 E Guadalupe Rd 14,560 SF Retail Building Mesa, AZ 85212 $4,640,000 ($318.68/SF)
Investment Highlights
- Strategic placement among nearby Walgreens and CVS stores positions this site as a strong, long-term location for pharmacy tenancy.
- High-growth corridor at the gateway to Eastmark and Williams Gateway Airpark, supported by 41,726 VPD and a strong daytime population.
- Absolute NNN lease structure providing zero landlord responsibilities and fully passive ownership.
- Established operator since 2003 with a lease in place through February 2028 and solid performance relative to Arizona and national locations.
- Exceptional surrounding demographics with ±234,624 residents and $119,959 average household income within a 3-mile radius.
- Fee simple asset located on a prominent corner with excellent visibility, stable tenancy, and $339,976 in annual rent plus renewal options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,560 SF
Building Class
B
Year Built
2003
Price
$4,640,000
Price Per SF
$318.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.37 AC
Zoning
LC PAD, Mesa - Commercial
Parking
73 Spaces (5.08 Spaces per 1,000 SF Leased)
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 304-02-771 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $454,376 |
Property Taxes
Parcel Number
304-02-771
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$454,376
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Walgreens | 9233 E Guadalupe Rd
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