Walgreens Ground
For Sale
Contact for pricing
2610 E Rte 66, Flagstaff, AZ 86004
Corporate Walgreens tenancy with scheduled 10% rental increases every 10 years.
Property SizeContact for details
Days on Market142
Property Features for 2610 E Rte 66
General Information
Standard status
Active
Property subtype
Retail
Financials
Asking Price
$4,210,000
Cap Rate
5.75%
Additional Details
Traffic Count
32,724 vehicles/day
Listing Agency:
Launch Development Group
(859) 640-9498
Listed By:
Joe Compagno · License #SA554895000
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 7:18AM
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 NNN property is structured as a Walgreens ground lease with a corporate tenant and contractual 10% rental increases every 10 years. The asset is located at 2610 East Route 66 in Flagstaff, Arizona, and is positioned along Historic Route 66.
The site benefits from approximately 32,724 vehicles passing daily. Sportsman's Warehouse and Chick-fil-A are identified among the surrounding national retailers, while Flagstaff draws over 6 million annual visitors. The property is offered for sale as a long-term ground lease asset.
The site benefits from approximately 32,724 vehicles passing daily. Sportsman's Warehouse and Chick-fil-A are identified among the surrounding national retailers, while Flagstaff draws over 6 million annual visitors. The property is offered for sale as a long-term ground lease asset.
Key Highlights
- Walgreens corporate ground lease structure
- 10% rental increases scheduled every 10 years
- Approximately 32,724 vehicles pass daily on Historic Route 66
Property Analytics
Property Profile
Current Use
Lease Details
32,724 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
271k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 33%
Apparel 12%
Hotels & Casinos 1%
Chick-fil-A
Dining
41,605 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
40,730 visits/mo
0.2 miles
Texas Roadhouse
Dining
35,449 visits/mo
0.4 miles
Sportsman's Warehouse
Apparel
31,624 visits/mo
0.3 miles
C-A-L Ranch Stores
Shops & Services
28,321 visits/mo
0.3 miles
Demographics for 86004, AZ
38,451
Population
16,550
Households
2.3
Avg Household Size
37
Median Age
44%
College-Educated
95%
High-School Grad
914.5 sq mi
ZIP Area
42
Density / Sq Mi
$77,486
Median Household Income
$42,659
Median Earnings
$1,611
Median Rent
$464,100
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?
NNN property - Corporate Walgreens tenancy with scheduled 10% rental increases every 10 years.
Where is this nnn property located?
The property is located at 2610 E Rte 66 Flagstaff, AZ.
What are key features of this property?
This property features: Walgreens corporate ground lease structure; 10% rental increases scheduled every 10 years; Approximately 32,724 vehicles pass daily on Historic Route 66
