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 Features for 575 N Estrella Pkwy
General Information
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Investment Insights
Based on property information with market context.
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
Location Intelligence
Trade Area within ½ mile
Demographics for 85338, AZ
Market
Vacancy Rate% for Retail in West region