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Walgreens - High Performing Site 25073 W Southern Rd 14,820 SF Retail Building Buckeye, AZ 85326 $6,557,447 CAD ($442.47 CAD/SF) 7.15% Cap Rate
Investment Highlights
- 8 Years Remaining on Absolute Triple-Net (NNN) Lease with Multiple Renewal Options
- 58,503 Residents within a 5-Mile Radius - Phoenix MSA
- Located in One of the Fastest-Growing Cities in AZ - Households and Population Projected to Increase 9% in the Surrounding Area by 2030
- Corporate Guaranty by Walgreens, the Largest Drug Retailing Chain in the U.S.
- High Performing Location - 91st Percentile per Placer.ai - Inquire with Broker for Sales
- Signalized Hard Corner Location, Accessible by Over 50,000 Cars per Day via West Southern Avenue and Miller Road
Executive Summary
Walgreens is an American pharmaceutical company which operates the largest drug retailing chain in the United States of America. It specializes in serving prescriptions, health & wellness products, health information and photo services. As of 2026, the company operates approximately 8,000 stores in all 50 states and Puerto Rico. The company is headquartered in the Chicago suburb of Deerfield, Illinois.
Buckeye is 30 miles west of Phoenix, located at the edge of the metro area and south of White Tank Mountain Regional Park. Buckeye is one of the fastest growing cities in the state and has become an important center in Arizona for industry, business, and commerce.
Buckeye is 30 miles west of Phoenix, located at the edge of the metro area and south of White Tank Mountain Regional Park. Buckeye is one of the fastest growing cities in the state and has become an important center in Arizona for industry, business, and commerce.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2009
Price
$6,557,447 CAD
Price Per SF
$442.47 CAD
Cap Rate
7.15%
NOI
$468,855 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.54 AC
Zoning
CC, Buckeye - Commercial mixed use
Parking
60 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
73’ on SE Southern and Miller
Amenities
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 504-47-004T | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $461,652 CAD |
Property Taxes
Parcel Number
504-47-004T
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$461,652 CAD
Contacts
-
Nick Christifulli -
Mark Ruble -
Christopher Lind -
Zack House -
Ryan Sarbinoff -
Marcus & Millichap
1 of 6
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Walgreens - High Performing Site | 25073 W Southern Rd
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