325 West Apache Trail Apache Junction, AZ 85120

Listing agency Cushman & Wakefield - San Diego, California p***@gmail.com

Listed by Brandon Price · License #CA 01822998

Source Crexi

Added: Apr 10 Updated: Jul 23 at 1:24AM Checked: Jul 23 at 1:24AM

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Investment Insights

Based on property information with market context.

This CVS drug store outparcel is offered with an absolute net lease structure, with zero landlord responsibilities. CVS is publicly traded on the New York Stock Exchange under the ticker symbol “CVS,” and the company is reported to have a current BBB credit rating by Standard & Poor’s. The property is also described as having reported annual revenues in excess of $184 billion in 2017.

The site is located at the intersection of Apache Trail and South Phelps Drive and is positioned as an out-parcel to Junction Shoppes, a 115,000 square foot retail center anchored by Goodwill and Ross. The property is also across from the newly developed Fry’s Marketplace, a 124,000 square foot center anchored by Fry’s Food. Other retailers in the immediate area include Bealls, Ace Hardware, Starbucks, Wells Fargo, and Wendy’s.

The property is positioned for exposure along Apache Trail, described as one of the area’s main traffic arteries, with combined daily traffic counts exceeding 38,500 vehicles. The surrounding area is reported to include over 54,000 residents within a three-mile radius and over 106,000 residents within a five-mile radius.

Key Highlights

• Absolute net lease structure with zero landlord responsibilities reported in the remarks
• CVS outparcel positioned at the intersection of Apache Trail and South Phelps Drive
• Exposure and accessibility along Apache Trail, with combined daily traffic counts exceeding 38,500 vehicles

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FAQs

What type of property is this?

Drug store - Absolute net CVS outparcel with exposure and accessibility along a main area traffic artery.

Where is this drug store located?

The property is located at 325 West Apache Trail Apache Junction, AZ.

What are key features of this property?

This property features: Absolute net lease structure with zero landlord responsibilities reported in the remarks; CVS outparcel positioned at the intersection of Apache Trail and South Phelps Drive; Exposure and accessibility along Apache Trail, with combined daily traffic counts exceeding 38,500 vehicles