Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Property in Growing Buckeye Title is generated by Realmo AI

    25073 W Southern Ave, Buckeye, AZ 85326

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding Walgreens retail property in a rapidly growing area.

    Type:Retail
    Property size:
    14,820 SF
    Price / SF:
    $325/SF
    Added:
    Mar 10, 2026
    Days on Market:
    63
    Last Refresh:
    Mar 19 at 10:13 pm

    Property Features for 25073 W Southern Ave

    General Information

    Standard status
    Active
    Size
    14,820 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2009

    We can help!

    Listing Contact
    Mark Ruble

    Listing agent Mark Ruble License #AZ SA550593000

    Listing office Marcus & Millichap - Phoenix

    Listing date Mar 10, 2026

    Source Crexi

    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 - Phoenix

    HighLights

    • Tenant is Walgreens, a major American pharmaceutical company.
    • Walgreens operates approximately 8,000 stores across the United States and Puerto Rico (as of 2026).
    • Located in Buckeye, Arizona, one of the fastest‑growing cities in the state.
    • Buckeye is an important center for industry, business, and commerce in Arizona.
    • Property was built in 2009.
    • Buckeye is located near the Phoenix metro area and White Tank Mountain Regional Park.

    Overview

    This retail property is located in Buckeye, Arizona, a rapidly growing city 30 miles west of Phoenix, situated at the edge of the metro area and south of White Tank Mountain Regional Park. The property is currently occupied by Walgreens, an American pharmaceutical company operating a large drug retailing chain. Walgreens specializes in prescriptions, health and wellness products, health information, and photo services. As of 2026, Walgreens operates approximately 8,000 stores in all 50 states and Puerto Rico. The property has a size of 14,820 square feet. Buckeye has become an important center in Arizona for industry, business, and commerce.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Medical Laboratory Western Union Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Kitchen & Bath Showroom Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Walgreens Pharmacy — 25073 W Southern Ave, Buckeye, AZ 85326
    • Ashley Kalchthaler — 25073 W Southern Ave, Buckeye, AZ 853261252

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.5902828
    Latitude
    33.3914573

    Nearby Similar for Sale

    • $599,950
      2,500 SF

      Buckeye Assisted Living Facility

      Assisted living facility near Watson Road and upcoming Vestar Mall.
      22222 W Gardenia Drive, Buckeye, AZ 85326
      View Details
    • $499,700

      New Construction Multi-Family Duplex

      New construction duplex in Buckeye, Arizona, with tenants in place.
      513 E CENTRE Avenue, Buckeye, AZ 85326
      View Details
    • $537,500

      New Duplex in Growing Buckeye

      New duplex in Buckeye, excellent income opportunity, convenient location.
      212 2ND Avenue E, Buckeye, AZ 85326
      View Details
    • $44,444

      2.77 Acre Buckeye Ranch Land

      Sprawling ranch land near I-10 with owner financing.
      W Camelback Road, Buckeye, AZ 85326
      View Details
    • $147,000

      Buckeye, AZ Horse Property Land

      1.02 acre horse property with new shared well.
      94XX S 236th Avenue, Buckeye, AZ 85326
      View Details
    • $248,900

      Renovated Duplex in Buckeye, AZ

      Recently renovated manufactured duplex with updated interiors and spacious backyards.
      204 E BASELINE Road, Buckeye, AZ 85326
      View Details
    • $625,000
      1,000 SF

      Buckeye Multifamily Investment Opportunity

      Multifamily property featuring two homes and a duplex.
      214 E CENTRE Avenue, Buckeye, AZ 85326
      View Details
    • $650,000
      2,500 SF

      Buckeye 4-Acre Fenced Lot

      4-acre fenced corner lot with garage and horse stalls.
      11743 S DEAN Road -, Buckeye, AZ 85326
      View Details
    • $3,400,000
      12,945 SF

      Buckeye Retail and Office Space

      Executive office and retail space with drive-thru potential.
      25560 W MC 85, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      6,400 SF

      Retail Buildings Available Soon

      Two 6,400 SF retail buildings for lease.
      25055 West Southern Avenue, Buckeye, AZ 85326
      View Details
    • $69,900

      Buckeye Land with Mountain Views

      1.25-acre parcel with horse privileges and mountain views.
      S 185th Lot T Avenue, Buckeye, AZ 85326
      View Details
    • $3,400,000
      12,944 SF

      Buckeye Office/Retail Opportunity

      12,944 SF office/retail property near Downtown Buckeye.
      25560w W MC 85, Buckeye, AZ 85326
      View Details

    FAQs

    What type of property is this?
    Drug store - Freestanding Walgreens retail property in a rapidly growing area.
    Where is this drug store located?
    The property is located at 25073 W Southern Ave Buckeye, AZ.
    What is the asking price?
    The asking price for this property is $4,825,200.
    What are key features of this property?
    This property features: Tenant is Walgreens, a major American pharmaceutical company.; Walgreens operates approximately 8,000 stores across the United States and Puerto Rico (as of 2026).; Located in Buckeye, Arizona, one of the fastest‑growing cities in the state.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Ruble
    Real Estate License ID: AZ SA550593000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    25073 W Southern Ave, Buckeye, AZ 85326
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!