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Walgreens-Anchored Retail Shopping Center
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Pending

575 N Estrella Pkwy, Goodyear, AZ 85338

Walgreens-anchored shopping center with ground-leased pad tenants including Chase Bank, Firestone Auto Care, and QuikTrip.

Property SizeContact for details
Days on Market119

Property Features for 575 N Estrella Pkwy

General Information

Standard status Pending
Property subtype Retail
Listing Agency: REZA Investment Group
Listed By: Aaron Bettencourt · License #CA 01194991
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Aug 7 at 7:22AM

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 REZA Investment Group

Investment Insights

Based on property information with market context.

Estrella Crossroads is a Walgreens-anchored retail shopping center totaling approximately 38,913 square feet. The property includes freestanding, ground-leased pad tenants Chase Bank, Firestone Auto Care, and QuikTrip, along with additional tenants including Subway, Senor Taco, Pretty Nails & Spa, and Sammy’s Burgers.

The center is located along a signalized intersection of Estrella Pkwy. and Van Buren St, approximately 1½ miles south of the Interstate 10 interchange.

The property is subject to a long-term ground lease with approximately 84 years remaining on the term. The ground lease includes fixed rent increases of 10% every 10 years through 2075 (next increase is August 2025), followed by fixed 10% increases in either 5- or 10-year increments through lease expiration in 2104, with no re-appraisals or CPI adjustments over the term. The ground lessee also has a right of first refusal to purchase the land.

Key Highlights

  • 38,913 SF Walgreens‑anchored retail center at the signalized intersection of Estrella Pkwy. and Van Buren St.
  • Approximately 1/2 mile south of the Interstate 10 interchange (Estrella Crossroads).
  • Long‑term ground lease with approximately 84 years remaining on the term.

Property Analytics

Current Use

Western Union Bank Leader HVAC Repair-Services ... Corporate Office QuikTrip Gas Station

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Storage Facility Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 85338, AZ

59,313
Population
23,748
Households
2.5
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
76.0 sq mi
ZIP Area
780
Density / Sq Mi
$99,345
Median Household Income
$49,057
Median Earnings
$1,822
Median Rent
$396,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Walgreens-anchored shopping center with ground-leased pad tenants including Chase Bank, Firestone Auto Care, and QuikTrip.
Where is this retail space located?
The property is located at 575 N Estrella Pkwy Goodyear, AZ.
What are key features of this property?
This property features: 38,913 SF Walgreens‑anchored retail center at the signalized intersection of Estrella Pkwy. and Van Buren St.; Approximately 1/2 mile south of the Interstate 10 interchange (Estrella Crossroads).; Long‑term ground lease with approximately 84 years remaining on the term.
More about this property
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