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Walgreens 3180 N Campbell Ave 15,120 SF Retail Building Tucson, AZ 85719 $7,963,567 CAD ($526.69 CAD/SF) 7.85% Cap Rate



Investment Highlights
- Top 10% for Drugstores & Pharmacies (Placer.ai)
- Top 10% Walgreens Location in AZ (Placer.ai)
- Dense, infill trade area surrounded by 129,000+ residents within 3 miles
- Strong Sales Reports
- High-Visibility, Accessible Corner Lot with 38,000+ VPD
Executive Summary
• Strong Sales Reports – High performing store with minimal Landlord Responsibilities
• Top 10% Walgreens in Arizona (Placer.ai) - Ranks #937 out of 6,728 Walgreens locations nationwide, #22 out of 218 in Arizona, and #3 out of 35 within a 15-mile radius for customer visits (Placer.ai).
• High-Visibility, Accessible Corner Lot - Prime hard-corner site along N. Campbell Avenue with 38,491 vehicles per day and on-site transit access, maximizing visibility and customer reach.
• Dense & Growing Infill Trade Area - Surrounded by 129,000+ residents within 3 miles, the property sits in a thriving infill corridor with strong demographics and rising household incomes.
• Healthy, Expanding Retail Market - Tucson’s retail sector continues to strengthen with limited new supply and steady national tenant expansion, supporting consistent long-term rent performance.
Lee & Associates Commercial Real Estate Services is proud to present Walgreens, a 15,120 SF retail investment located at the signalized hard corner of N. Campbell Avenue and E. Fort Lowell Road in Tucson, Arizona. This high-visibility site benefits from frontage along two major corridors, a drive-thru, prominent building and pylon signage, and 95 surface parking spaces. The offering is further supported by strong underlying store performance, including a top 10% Placer.ai ranking within both the “Drugstores & Pharmacies” category in Arizona and among Walgreens locations in the state, as well as a strong sales report that reinforces the asset’s long-term operating strength.
Positioned within one of Tucson’s most established infill retail corridors, the property offers investors a compelling combination of real estate fundamentals and store-level performance. The surrounding trade area is dense and highly trafficked, with more than 129,000 residents within three miles and strong vehicle counts along Campbell Avenue and Fort Lowell Road. Backed by national tenancy, minimal landlord responsibilities, and top-tier customer visit metrics, this Walgreens represents a stable, income-producing investment opportunity in a well-located Tucson retail corridor.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 15,120 SF
- -
- Double Net
- Jun 2031
Walgreens Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 15,120 SF | - | Double Net | Jun 2031 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 112-05-052D | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $645,759 CAD |
Property Taxes
Presented by
Walgreens | 3180 N Campbell Ave
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