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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

• Top 10% for “Drugstores & Pharmacies” (Placer.ai) – This location ranks #42 out of 438 drugstores and pharmacies in Arizona.
• 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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
2001
Price
$7,890,936 CAD
Price Per SF
$521.89 CAD
Cap Rate
7.85%
NOI
$619,439 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.49 AC
Zoning
C-1, Tucson - Neighborhood Retail
Parking
95 Spaces (6.61 Spaces per 1,000 SF Leased)
Frontage
300’ on Campbell

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 is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 15,120 SF - Double Net Jun 2031
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

First Watch
Bank of America
WaFd Bank
Five Guys
Flower Child
World Gym
Starbucks
Albertsons
Safeway
Orangetheory Fitness

Property Taxes

Property Taxes

Parcel Number
112-05-052D
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$647,664 CAD
  • Listing ID: 40080456

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 3180 N Campbell Ave, Tucson, AZ 85719

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