Walgreens NNN Leasehold
For Sale
Contact for pricing
Pending
1825 W Bethany Home Rd, Phoenix, AZ 85015
Absolute NNN lease structure assigns property management and maintenance responsibilities away from the landlord.
Property SizeContact for details
Days on Market144
Property Features for 1825 W Bethany Home Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Sep 2 at 2:10AM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
This Walgreens property is offered as a leasehold interest under an absolute NNN lease and an underlying ground lease. The structure provides no landlord management or maintenance responsibilities under the stated lease terms. The lease has 12-years remaining, with 5% rent increases scheduled every 5 years during the original term and during each renewal option period if exercised.
The property includes a drive-through lane and operates as a pharmacy-led retail location at 1825 W Bethany Home Rd in Phoenix, Arizona. The leasehold offering covers the property improvements rather than a fee-simple ownership interest. Lease, tenant, guaranty, building, and site details should be confirmed during due diligence.
The property includes a drive-through lane and operates as a pharmacy-led retail location at 1825 W Bethany Home Rd in Phoenix, Arizona. The leasehold offering covers the property improvements rather than a fee-simple ownership interest. Lease, tenant, guaranty, building, and site details should be confirmed during due diligence.
Key Highlights
- Leasehold interest in Walgreens property improvements
- Absolute NNN lease with no landlord management or maintenance responsibilities
- 12‑years remaining on the lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure assigns property management and maintenance responsibilities away from the landlord.
Where is this nnn property located?
The property is located at 1825 W Bethany Home Rd Phoenix, AZ.
What are key features of this property?
This property features: Leasehold interest in Walgreens property improvements; Absolute NNN lease with no landlord management or maintenance responsibilities; 12‑years remaining on the lease
