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Walgreens Drug Store
For Sale
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Pending

2737 E Mckellips Rd, Mesa, AZ 85213

Single-tenant retail asset with an extended long-term lease and an outparcel position at a Walmart-anchored shopping center.

Property SizeContact for details
Days on Market144

Property Features for 2737 E Mckellips Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: The Kase Group
Listed By: Jeff Bracco · License #CA 01336201
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 6:39PM

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 The Kase Group

Investment Insights

Based on property information with market context.

This 13,903-square-foot drug store in Mesa is occupied by Walgreens as a single-tenant property. Constructed in 1996, the building received exterior paint in 2016. The lease began with a 20-year term and was extended for an additional 15 years, with 11+ years remaining.

The property occupies an outparcel at Lindsay Groves Shopping Center, whose anchor is a Walmart Neighborhood Market. Landlord responsibilities include the roof and structural components, as well as building paint, providing a defined scope of ongoing ownership obligations.

Key Highlights

  • 13,903‑square‑foot single‑tenant Walgreens property
  • Lease extended by 15 years; 11+ years remain
  • Outparcel to Lindsay Groves Shopping Center

Property Analytics

Current Use

Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Redbox Cinema FedEx OnSite Postal Service

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

382
Businesses Nearby
88k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 37% Shops & Services 34% Dining 29%
Walmart Neighborhood Market Groceries
32,837 visits/mo 0.1 miles
ARCO Shops & Services
12,682 visits/mo 0.1 miles
Quick Quack Car Wash Shops & Services
11,161 visits/mo 0.1 miles
SONIC Drive In Dining
10,294 visits/mo 0.3 miles
Black Rock Coffee Bar Dining
6,289 visits/mo 0.1 miles

Demographics for 85213, AZ

36,572
Population
15,468
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
3,975
Density / Sq Mi
$100,671
Median Household Income
$49,759
Median Earnings
$1,640
Median Rent
$407,600
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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Similar Off Market Nearby

  • Walmart Pharmacy 2725 E McKellips Rd, Mesa, AZ 85213
  • Divine Nature 2727 E McKellips Rd #103, Mesa, AZ 85213
  • Walgreens Pharmacy 2737 E McKellips Rd, Mesa, AZ 85213
  • Walgreens Lindsay Road &, E McKellips Rd, Mesa, AZ
  • Elijah P. Woods, RPh 2737 E McKellips Rd, Mesa, AZ 85213, United States

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant retail asset with an extended long-term lease and an outparcel position at a Walmart-anchored shopping center.
Where is this drug store located?
The property is located at 2737 E Mckellips Rd Mesa, AZ.
What are key features of this property?
This property features: 13,903‑square‑foot single‑tenant Walgreens property; Lease extended by 15 years; 11+ years remain; Outparcel to Lindsay Groves Shopping Center
(510) 388-4438 Call to check price and availability
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