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3233 E Germann Rd, Gilbert, AZ, 85297
NNN Drug Store Ground Lease

3233 E Germann Rd Gilbert, AZ 85297

For Sale
Contact for pricing

Absolute triple-net Walgreens property with a corporate-guaranteed lease and 8.5 years remaining on term.

Days on Market104

Property Features for 3233 E Germann Rd

General Information

Standard status
Active
Property subtype
Retail
Listing Agency: Accredas Investments
Listed By: Aldy Damian · License #CA 13507901
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 4:21PM

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 Accredas Investments


Investment Insights

Based on property information with market context.

This Walgreens is an absolute triple-net (NNN) offering with a corporate-guaranteed lease. The public remarks indicate 8.5 years remaining on the lease term, with Walgreens Boots Alliance rated as the guaranteed-lease party.

The property is described as a signalized hard corner with reported traffic of 54,625 cars per day, and it is located in the Phoenix MSA in Gilbert, Arizona. The remarks also note proximity to Loop 202 and provide a 3-mile radius population estimate for the surrounding trade area.

As presented, the asset is positioned as a long-term, lease-driven investment with corporate responsibility under the NNN structure for operating responsibilities tied to the lease.

Key Highlights

  • Absolute triple‑net (NNN) Walgreens property with a corporate‑guaranteed lease
  • 8.5 years remaining on the lease term
  • Signalized hard corner location with 54,625 cars per day

Property Analytics

Location Intelligence

Current Use by Public Records

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

Suggested Use

Law Firm Real Estate Agency Hair Salon Restaurant Spa & Massage Center Gym & Fitness Center Auto Parts Store HVAC Service Nail Salon Grocery & Convenience Store

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

FAQs

What type of property is this?
Retail space - Absolute triple-net Walgreens property with a corporate-guaranteed lease and 8.5 years remaining on term.
Where is this retail space located?
The property is located at 3233 E Germann Rd Gilbert, AZ.
What are key features of this property?
This property features: Absolute triple‑net (NNN) Walgreens property with a corporate‑guaranteed lease; 8.5 years remaining on the lease term; Signalized hard corner location with 54,625 cars per day
More about this property
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