25073 W Southern Rd - Drug Store FOR SALE


Buckeye, AZ 85326- West Valley
$5,100,000 USD
858-354-5722
25073 W Southern Rd, Buckeye, AZ for Sale
$5,100,000 USD
Drug Store - FOR SALE
1/7
null | 6.77% Cap Rate

25073 W Southern Rd
Buckeye, AZ 85326
West Valley


HIGHLIGHTS

  • TOP-RANKED LOCATION (STORE #11470) IN ARIZONA & NATIONWIDE
  • LONG-TERM ABSOLUTE NNN INVESTMENT | CORPORATE LEASE THROUGH 2084
  • FORTUNE 500 TENANT WITH GLOBAL SCALE
  • THRIVING RETAIL COORIDOR IN ONE OF AMERICA’S FASTEST-GROWING CITIES
  • PHOENIX-MESA-CHANDLER MSA ADVANTAGE
  • HARD CORNER AT SIGNALIZED INTERSECTION

OVERVIEW

TOP-RANKED LOCATION (STORE #11470) IN ARIZONA & NATIONWIDE • Ranked #13 of 218 locations in Arizona (Top 6%) and Nationwide (Top 8%) • Consistent Foot Traffic Growth: From April 1, 2024 - March 31, 2025, the location saw 74.9K visitors at an average of 6.42 visits (+1% YoY, +3.2% Yo2Y, +6.6% Yo3Y) • Strong Annual Sales: Generated $4.52 million in sales from June 2023 – May 2024 • Favorable and Efficient Rent-to-Sales Ratio: 7.65% LONG-TERM ABSOLUTE NNN INVESTMENT | CORPORATE LEASE THROUGH 2084 This offering features a Corporate-Backed Absolute NNN Lease with zero landlord responsibilities, providing a passive, management-free investment. The lease includes nine years of firm primary term remaining and is followed by 50 one-year extension options, culminating in a final expiration of March 2084. The tenant holds the right to terminate the lease after the 300th month of the term, or at the end of any subsequent month, with a minimum of 12 months’ written notice, ensuring long-term income stability with tenant flexibility. FORTUNE 500 TENANT WITH GLOBAL SCALE Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, anchors the property with the backing of one of the world’s largest and most recognized pharmacy and healthcare retailers. Walgreens Boots Alliance (NASDAQ: WBA) ranks #28 on the 2024 Fortune 500 list and generated $147.66 billion in revenue in fiscal year 2024—a 6% year-over-year increase. The company’s scale, brand recognition, and long-standing role in healthcare delivery make it a highly dependable tenant with strong credit and consistent performance. THRIVING RETAIL COORIDOR IN ONE OF AMERICA’S FASTEST-GROWING CITIES The property is positioned within a vibrant retail corridor alongside national brands such as Fry’s Marketplace, Starbucks, Taco Bell, Circle K, Burger King, Dollar Tree, and AutoZone, offering strong consumer draw and consistent foot traffic. Located in Buckeye—one of the fastest-growing cities in the United States—the area is experiencing explosive residential development with multiple new home communities underway, creating a robust and expanding customer base for years to come. PHOENIX-MESA-CHANDLER MSA ADVANTAGE The Phoenix-Mesa-Chandler, AZ Metropolitan Statistical Area (MSA Population: 5.1M) is the largest MSA in the state of Arizona and serves as the economic, cultural, and political hub of the Southwest. Encompassing Maricopa and Pinal counties, this dynamic region is recognized for its rapid population growth, business-friendly environment, and diversified economy spanning healthcare, technology, manufacturing, and real estate. development. customer base for years to come. HARD CORNER AT SIGNALIZED INTERSECTION Strategically located in the rapidly growing city of Buckeye, Arizona, Walgreens sits on a hard corner at the signalized intersection of W. Southern Avenue and S. Miller Roads (±15,000 VPD), offering high visibility and convenient access to a dense and expanding residential population. The site benefits from proximity to Interstate 10 (±45,000 VPD), located approximately 2.5 miles to the north, connecting the property to downtown Phoenix and the broader West Valley.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

6.77%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

CC, Buckeye

APN/PARCEL ID

504-47-004T

ASK ABOUT THIS PROPERTY

Robert Kerr, CCIM, AACIIntersectionMore Info
858-354-5722

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Robert Kerr, CCIM, AACIIntersectionMore Info
858-354-5722

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