1015 E Ray Rd - Drug Store FOR SALE


Chandler, AZ 85225
$3,500,000 USD
602-206-0784
1015 E Ray Rd, Chandler, AZ for Sale
$3,500,000 USD
Drug Store - FOR SALE
1/4
null | Request Cap Rate

1015 E Ray Rd
Chandler, AZ 85225


HIGHLIGHTS

  • Signalized Hard Corner (±2.21-Acres)
  • ±143,782 Population in a 3-Mile Radius
  • ±$125,572 3-Mile Average HH Income

OVERVIEW

- Vacant CVS redevelopment opportunity featuring a ±14,068 SF building on a large ±2.21-acre hard-corner parcel. - The Property is located at the signalized intersection of E Ray Rd and N McQueen Rd (±26,832 VPD) (Source: ADOT, 2024). - A Safeway anchored center is directly across the street, with other tenants including Dignity Health, Wells Fargo, Dollar Tree, and more. -This location boasts strong demographics with a population of ±143,782 and an average household income of ±$125,572 in a 3-mile radius (Source: Esri).

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant CVS Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

PAD

APN/PARCEL ID

302-84-929

ASK ABOUT THIS PROPERTY

Ben FarthingCBREMore Info
602-206-0784

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Ben FarthingCBREMore Info
602-206-0784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.