4249 W Glendale Ave - Drug Store FOR SALE
Phoenix, AZ 85051 |
4249 W Glendale Ave
Phoenix, AZ 85051
HIGHLIGHTS
- Upcoming Rental Increase: Rent scheduled to increase in July 2026 to $257,750, increasing the Cap Rate to 7.00%.
- Ranked in the top 5% of Walgreens stores nationwide, according to Placer.ai, demonstrating superior retail performance and operational strength.
- Dense Trade Area: Surrounded by established residential communities and supported by strong co-tenancy from regional and national retailers.
- Prime Visibility & Access: Exceptional frontage along Glendale Avenue with convenient ingress and egress and consistent daily drive-by exposure.
- Corporate Tenant Commitment: Walgreens is a nationally recognized, investment-grade tenant with over 7,000 locations.
- Long history of financial stability and credit strength.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14948
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
152-01-058
