Listing Summary
This property offers a highly desirable investment with an Absolute NNN Leasehold Interest, requiring zero landlord responsibilities. The tenant, Walgreens (NASDAQ: WBA), covers all taxes, insurance, maintenance, and $140,000 annual ground rent.
Full Description
This property offers a prime investment with an Absolute NNN Leasehold Interest, requiring zero landlord responsibilities. The tenant, Walgreens (NASDAQ: WBA), covers all taxes, insurance, maintenance, and $140,000 annual ground rent.
Situated in Casa Grande, Arizona—one of the fastest-growing communities in the state—the property benefits from a thriving local economy with major companies driving a projected job growth of 53.9% over the next decade. It's located across from a top-performing Fry’s Marketplace, which draws over 1.6 million visitors annually. Additionally, about 7,400 new residential units are planned or under construction nearby, enhancing the area's appeal.
This combination of a strong corporate tenant, high-growth location, and robust real estate fundamentals makes this property a standout investment opportunity.
Quick Glance
- Listing ID:
CL-Arizona-11666
- Status:
Active
- Year Build:
2008
- Building Size:
14,736 SqFt
- Lot Size:
2 Acr