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Walgreens NNN Retail Property
For Sale
Contact for pricing
Pending

2363 S Lindsay Rd, Gilbert, AZ 85295

Walgreens property with an active NNN lease and scheduled rent increases.

Property SizeContact for details
Days on Market142

Property Features for 2363 S Lindsay Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Launch Development Group
Listed By: Joe Compagno · License #SA554895000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:36AM

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 Launch Development Group

Investment Insights

Based on property information with market context.

This Walgreens retail property encompasses 15,070 square feet on a 2.06-acre site in Gilbert, Arizona. The asset is subject to an NNN lease that began in November 2023, providing an established occupancy and lease structure for the property.

The lease has approximately ±13.8 years remaining and includes 5% rent increases every 5 years. It also provides twelve 5-year renewal options, with the same 5% increase schedule applying during each option period.

Key Highlights

  • 15,070‑square‑foot Walgreens property on 2.06 acres
  • NNN lease commenced in November 2023
  • ±13.8 years of lease term remaining

Property Analytics

Current Use

Rebecca Simpson Pharmacy BMO ATM Atm CyberSecurity Corp IT Consulting Firm Jenny Doyle Pharmacy Western Union Bank

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Electrical Service Big Box & Wholesale Store Grocery & Convenience Store Building Supply

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

257
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Ziggi's Coffee Dining
3,946 visits/mo 0.1 miles

Demographics for 85295, AZ

51,587
Population
19,460
Households
2.7
Avg Household Size
33
Median Age
49%
College-Educated
97%
High-School Grad
12.1 sq mi
ZIP Area
4,263
Density / Sq Mi
$116,288
Median Household Income
$58,737
Median Earnings
$1,965
Median Rent
$527,400
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?
NNN property - Walgreens property with an active NNN lease and scheduled rent increases.
Where is this nnn property located?
The property is located at 2363 S Lindsay Rd Gilbert, AZ.
What are key features of this property?
This property features: 15,070‑square‑foot Walgreens property on 2.06 acres; NNN lease commenced in November 2023; ±13.8 years of lease term remaining
(404) 504-7893 Call to check price and availability
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