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15385 N Dysart Road - Walgreens, El Mirage, AZ
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15385 N Dysart Road - Walgreens
El Mirage, AZ 85335-9761 - Sun City Ret Submarket
Marketing Flyer
(2.2 MB)
Property Type:
Retail
Sub Type:
Drug Store
Status:
Existing
Year Built:
2001
Building Size:
14,440 SF
Land Area:
1.78 AC (77,537 SF)
% Leased:
For Sale Price:
$4,440,000
Price/SF:
$307.48
Cap Rate:
7.75 %
Parking:
Free Surface spaces are available; Ratio of 4.29/1,000 SF
Features:
Drive Thru
Property Description: Drug Store
Sale Notes:
• Double-Net (NN) Corporate Lease - The landlord is responsible for roof and structure. The lease is guaranteed by Walgreen Co., a Standard and Poors A+ rated company.
• Assumable Financing - There is existing financing on the property that must be assumed by Buyer with a cash on cash return of 7.54% ($78,940).
• Excellent Hard Corner Location and High Visibility - The subject property is located on the hard, southeast corner of Greenway and Dysart Roads where traffic
counts exceed 64,000 vehicles per day.
• Close Proximity to a Major Phoenix Arterial - The property is located less than one half mile from Grand Avenue (Highway 60) which is the main arterial connecting the west valley suburb to the City of Phoenix and surrounding areas.
• Surrounded by Residential Communities - The property shares a corner with Surprise Elementary School and is surrounded by residential communities providing for 88,331 people within a three mile radius.
• Located Just East of Surprise Stadium - Surprise Stadium is the Spring Training home for the Texas Rangers and Kansas City Royals, and has been rated as the “best place to watch a Spring Training game” by Best of Phoenix magazine.
CLICK HERE TO CONTACT THE SALES BROKER
S
FOR SALE CONTACTS
Marcus & Millichap
Jamie Medress
(602) 687-6778
View all my listings
Mark Ruble
(602) 687-6766 x6766
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