Walgreens
Casa Grande, AZ 85122
New NNN Extension- RARE Bumps- Low Rent · Retail Property For Sale

We are pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant absolute NNN leased investment that is fully occupied by Walgreen Co. on a brand new 15 year lease with 12 - 5 year options and rare 5% rental increases during the primary term and options. Comprising of 15,125 square feet, the building is situated on a large 1.83 acre corner lot at the intersection of two of the major corridors in Casa Grande - N. Pinal Avenue and W. Kortsen Road. Casa Grande, AZ is one of the fastest growing cities in Pinal County positioned halfway between Phoenix and Tucson and part of the Phoenix MSA. This is a rare opportunity to purchase a true investment grade tenant - “BBB” by S&P’s, on a brand new 15 year lease with rental increases, in one of the fastest growing cities in Arizona (20% population growth in a 3 mile radius of the subject property since 2010), and zero landlord responsibilities.