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Phoenix, Arizona

$ 4,675,000 13+

5.40% CAP

3945 E Southern Ave,
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Overview

  • Price:
  • $ 4,675,000 13+
  • CAP Rate:
  • 5.40%
  • Years Guaranteed:
  • 13+
  • NOI:
  • $262,395

Investment Highlights

PHOENIX, AZ WALGREENS

  • Proven, profitable location as evidenced by Walgreens recent 10 year lease extension
  • ~ 13+ years of guaranteed rent from NN lease
  • Densely populated with 75,000 residents in 3 miles
  • Solid Phoenix location just 6 miles from Phoenix Sky Harbor Airport and Arizona State University campus
  • Freestanding building with drive-thru pharmacy
  • NN lease with minimal management responsibilities
Address: 3945 E Southern Ave
City:
State/County:
Zip: 85040
Country: United States
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John Giordani