Single-Tenant Pharmacy with Absolute
For Sale
Contact for pricing
Pending
4657 E Chandler Blvd, Phoenix, AZ 85048
CVS pharmacy built in 2003 with a 2021 lease extending to February 2041 on an absolute NNN structure.
Property Size13,434 SF
Days on Market121
Property Features for 4657 E Chandler Blvd
General Information
Standard status
Pending
Size
13,434 SF
Class
Trophy
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
2003
Tenancy
Single
Listing Agency:
Anchor Net Lease
Listed By:
Ryan O'Connell · License #BR575729000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 12:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anchor Net Lease
Investment Insights
Based on property information with market context.
RDO Investments presents a fee simple, single-tenant CVS Pharmacy property. The building was constructed in 2003 as an Eckerd’s Pharmacy and was purchased and rebranded to CVS in 2004. CVS entered into a new 20-year lease term in 2021, with the lease expiration extending to February 2041, plus four additional 5-year renewal options. The property is structured as Absolute NNN with no landlord responsibilities.
Strategically located a block off Interstate 10 at the southwest corner of 48th Street and Chandler Boulevard, the pharmacy is part of Foothills Corporate Park, anchored by Kohl’s Department store. The surrounding outparcels include AutoZone and Starbucks, along with a mix of national and local retail and service uses such as Arriba Mexican Restaurant, Va Bene Italian Restaurant, Jersey Mike’s, Sports Clips, Desert Dentistry, Edible Arrangements, and Post Net, plus additional office and retail suites.
CVS is publicly traded on the NYSE under the ticker symbol “CVS.”
Strategically located a block off Interstate 10 at the southwest corner of 48th Street and Chandler Boulevard, the pharmacy is part of Foothills Corporate Park, anchored by Kohl’s Department store. The surrounding outparcels include AutoZone and Starbucks, along with a mix of national and local retail and service uses such as Arriba Mexican Restaurant, Va Bene Italian Restaurant, Jersey Mike’s, Sports Clips, Desert Dentistry, Edible Arrangements, and Post Net, plus additional office and retail suites.
CVS is publicly traded on the NYSE under the ticker symbol “CVS.”
Key Highlights
- 13,434 SF CVS Pharmacy in Phoenix, AZ constructed in 2003 (originally Eckerd’s) and rebranded to CVS in 2004.
- Absolute NNN structure with no landlord responsibilities.
- 20‑year lease executed in 2021 with lease expiration extended to February 2041 plus four 5‑year renewal options.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,221
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85048, AZ
34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mixtures Pharmacy Ahwatukee — 16515 S 40th St #123, Phoenix, AZ 85048
- Safeway Pharmacy — 4005 E Chandler Blvd, Phoenix, AZ 85048
- Amanda Q. Tran, OD — 4005 E Chandler Blvd, Phoenix, AZ 85048
- Lori Allen — 16515 S 40th St #123, Phoenix, AZ 850480559
- Jared W. Roswurm, PharmD — 4005 E Chandler Blvd, Phoenix, AZ 85048
Frequently Asked Questions
What type of property is this?
Drug store - CVS pharmacy built in 2003 with a 2021 lease extending to February 2041 on an absolute NNN structure.
Where is this drug store located?
The property is located at 4657 E Chandler Blvd Phoenix, AZ.
What are key features of this property?
This property features: 13,434 SF CVS Pharmacy in Phoenix, AZ constructed in 2003 (originally Eckerd’s) and rebranded to CVS in 2004.; Absolute NNN structure with no landlord responsibilities.; 20‑year lease executed in 2021 with lease expiration extended to February 2041 plus four 5‑year renewal options.
