Clint Robison - Commercial Real Estate Showcase

Clint Robison Property Listings
Stan Johnson Company
7702 E Doubletree Ranch Rd
Suite 300
Scottsdale, AZ 85258-2129

2005 N Dobson Road - Dobson Park Plaza - CVS

Chandler, AZ 85224-2294 - Chandler Ret Submarket

Property Type:Retail Sub Type:Drug Store Status:Existing Year Built:2003
Building Size:11,946 SF Land Area:1.74 AC (75,794 SF)
For Sale Price:$4,584,000 Price/SF:$383.73
Cap Rate:6.50 %
Parking:73 Surface spaces are available; Ratio of 6.08/1,000 SF

Sale Notes:
LLocal Market Strength and Robust Job Growth
Chandler job growth among nation’s best for top-paying jobs. Home to Intel’s $7B semiconductor factory, the world’s most advanced semiconductor factory.

Long Term Lease
12 years remaining with a publicly traded tenant, CVS Pharmacy.

Absolutely No Landlord Responsibilities
Current lease structure has no assumption of Landlord Responsibilities. Tenant is responsible for roof and structure.

High-Yield Asset
Better than 6.5% yield for ownership is exceedingly rare with quality of tenant credit in today’s market.

Strong Location
Phoenix, AZ is the 12th largest MSA in the country with 4.2M people. Chandler is ranked the 20th best job market in the country by Business Insider and ranked 7th best job market in the country by WalletHub.

24-Hour Store with Drive-Thru
Exceptional 24-hour store featuring drive-thru for pharmacy pick up.

Extremely Dense Population with Above Average Incomes
347,000+/- people within 5 miles of the subject property with average incomes of $78,000

Stan Johnson Company
Bradly Richardson
(480) 607-4365

Clint Robison
(480) 607-4365

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