NNN Drug Store Ground
For Sale
Contact for pricing
3233 E Germann Rd, Gilbert, AZ 85297
Absolute triple-net Walgreens property with a corporate-guaranteed lease and 8.5 years remaining on term.
Property SizeContact for details
Days on Market126
Property Features for 3233 E Germann Rd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
54,625 vehicles/day
Highway Access
Yes
Listing Agency:
Accredas Investments
Listed By:
Aldy Damian · License #CA 13507901
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:21PM
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 Accredas Investments
Investment Insights
Based on property information with market context.
This Walgreens is an absolute triple-net (NNN) offering with a corporate-guaranteed lease. The public remarks indicate 8.5 years remaining on the lease term, with Walgreens Boots Alliance rated as the guaranteed-lease party.
The property is described as a signalized hard corner with reported traffic of 54,625 cars per day, and it is located in the Phoenix MSA in Gilbert, Arizona. The remarks also note proximity to Loop 202 and provide a 3-mile radius population estimate for the surrounding trade area.
As presented, the asset is positioned as a long-term, lease-driven investment with corporate responsibility under the NNN structure for operating responsibilities tied to the lease.
The property is described as a signalized hard corner with reported traffic of 54,625 cars per day, and it is located in the Phoenix MSA in Gilbert, Arizona. The remarks also note proximity to Loop 202 and provide a 3-mile radius population estimate for the surrounding trade area.
As presented, the asset is positioned as a long-term, lease-driven investment with corporate responsibility under the NNN structure for operating responsibilities tied to the lease.
Key Highlights
- Absolute triple‑net (NNN) Walgreens property with a corporate‑guaranteed lease
- 8.5 years remaining on the lease term
- Signalized hard corner location with 54,625 cars per day
Property Analytics
Property Profile
Current Use
Lease Details
54,625 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
SONIC Drive In
Dining
18,284 visits/mo
0.1 miles
Demographics for 85297, AZ
36,076
Population
11,146
Households
3.2
Avg Household Size
33
Median Age
45%
College-Educated
99%
High-School Grad
10.7 sq mi
ZIP Area
3,372
Density / Sq Mi
$132,684
Median Household Income
$59,991
Median Earnings
$2,083
Median Rent
$559,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Absolute triple-net Walgreens property with a corporate-guaranteed lease and 8.5 years remaining on term.
Where is this retail space located?
The property is located at 3233 E Germann Rd Gilbert, AZ.
What are key features of this property?
This property features: Absolute triple‑net (NNN) Walgreens property with a corporate‑guaranteed lease; 8.5 years remaining on the lease term; Signalized hard corner location with 54,625 cars per day
