1959 N Grand Ave - Drug Store FOR SALE
Nogales, AZ 85621 |
$3,400,000 USD
310-295-1170
1959 N Grand Ave
Nogales, AZ 85621
HIGHLIGHTS
- Premier hard corner location — Walgreens operating 22+ years at signalized intersection
- Fee-simple NNN lease with two dedicated curb cuts and excellent ingress/egress
- Only major stand-alone pharmacy in the area with defensible competitive position
- Captures cross-border consumer traffic from U.S. and Mexican shoppers
- Outparcel to Mariposa Shopping Center near the Mariposa Port of Entry
- 9.00% cap rate on $318,000 annual rent with four 5-year renewal options
FOR SALE DETAILS
PRICE
$3,400,000 USD
PRICE/SF
$234 USD /SF
CAP RATE
9.35%
% 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
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.83 AC
LAND SF
79,519 SF
ZONING
-
APN/PARCEL ID
102-01-035O
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310-295-1170
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310-295-1170
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