1985 E Chandler Blvd - Retail FOR SALE
Chandler, AZ 85225 |
1985 E Chandler Blvd
Chandler, AZ 85225
HIGHLIGHTS
- Long Term Operating History – Walgreens has been operating at this location for ±20+ years and recently exercised a long term extension in 2019
- Top MSA – Phoenix is in the top 10 of largest MSA’s in the country and is projected to continue to grow at a rate of roughly 7.50% over the next 5 YRS
- Premier Location – Chandler is one of the top cities in Maricopa county with a population of ±16,000 residents and a household income of $137,514
- Key Developments – Chandler, AZ, is experiencing significant growth with several exciting development projects aimed at enhancing the city’s economy
- Competitive Price Point – Sub $3 million dollar price point. Walgreens is only paying $10.50 PSF in rent – well below replacement cost.
- Strong Community Synergy – Surrounded by multiple large apartment and housing communities, churches, schools and other national retailers
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
WALGREENS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
13730
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
86
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
303-02-926
