3005 E Riggs Rd - Freestanding FOR SALE


Chandler, AZ 85249- South Chandler
$7,300,000 USD
714-504-0262
3005 E Riggs Rd, Chandler, AZ for Sale
$7,300,000 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

3005 E Riggs Rd
Chandler, AZ 85249
South Chandler


HIGHLIGHTS

  • Prime Chandler Location: Located at the signalized intersection of E. Riggs Rd. and 136th St., with traffic counts exceeding 21,000 vehicles per day o
  • Established Walgreens Lease: Walgreens has demonstrated 15+ years of commitment to this location, offering investors a secure and stable income stream
  • Absolute NNN Lease: Walgreens is responsible for all property expenses including roof, structure, and parking lot, offering a truly passive investment
  • Active Residential Development Nearby: Magnolia by Shea Homes, a high-end subdivision with 93 lots, is currently under development just east of the si

OVERVIEW

Stable Single Tenant Walgreens Opportunity on a Long Term NNN Lease

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$493 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

PAD

APN/PARCEL ID

304-88-149

ASK ABOUT THIS PROPERTY

Arthur FloresCBRE, Inc.More Info
714-504-0262

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Arthur FloresCBRE, Inc.More Info
714-504-0262

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