11250 N Via Linda Rd - Drug Store FOR SALE


Scottsdale, AZ 85259- Central Scottsdale
$6,095,000 USD
602-538-7155
11250 N Via Linda Rd, Scottsdale, AZ for Sale
$6,095,000 USD
Drug Store - FOR SALE
1/10
null | 7.25% Cap Rate

11250 N Via Linda Rd
Scottsdale, AZ 85259
Central Scottsdale


HIGHLIGHTS

  • Corporate Walgreens tenancy with strong credit and national brand recognition
  • Fixed annual rent providing stable, predictable cash flow throughout the remaining lease term
  • NN lease structure with minimal landlord responsibilities
  • One of the nation’s largest pharmacy and health services chains with $147.6 billion in FY 2024 revenue
  • Surrounded by strong national retailers including Albertsons, McDonald's, Chevron, Chase, UPS, Domino’s, EOS Fitness, and ACE Hardware
  • Large parcel (1.97 acres) on hard corner - Perfect for future redevelopment

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a Net leased investment tenanted by Walgreens, one of the most recognized and established pharmacy and healthcare retailers in the United States. The property is secured by a corporate signed lease giving investors a stable and predictable income stream backed by a national credit tenant with a long operating history at this location. Founded in 1901, Walgreens has grown into one of the nation’s largest pharmacy and health services platforms, operating approximately 8,000 locations across all 50 states and U.S. territories and employing nearly 310,000 team members, including roughly 90,000 healthcare service providers. In FY 2024, Walgreens generated approximately $147.6 billion in revenue, underscoring the brand’s scale within the U.S. healthcare infrastructure. In August 2025, Walgreens was acquired by Sycamore Partners and taken private in a transaction valued at approximately $23.7 billion, further reinforcing the company’s long-term strategic backing. The property is prominently positioned at the signalized hard corner of Frank Lloyd Wright Boulevard and Via Linda in Scottsdale, Arizona—an affluent and densely populated trade area characterized by exceptional household incomes exceeding $202,000 within a five-mile radius. The site benefits from strong visibility, traffic counts of approximately 42,335 vehicles per day, and proximity to a deep roster of national retailers including Albertsons, McDonald’s, Chevron, Chase, UPS, Domino’s, EOS Fitness, and ACE Hardware. Additionally, the ±1.97-acre parcel provides long-term optionality, offering potential future redevelopment value in one of Scottsdale’s most desirable locations. This offering represents an opportunity to acquire a well-located Walgreens investment with durable cash flow, strong underlying real estate fundamentals, and long-term value supported by a nationally dominant healthcare retailer.

FOR SALE DETAILS

PRICE

$6,095,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,683 SF

ZONING

C- PCD, Scottsdale

APN/PARCEL ID

217-28-010Y

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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