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4750 S Val Vista Dr Gilbert, AZ 85297

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For Sale
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New-construction Walgreens on a 1.38-acre hard-corner parcel for sale.

Property size:
10,000 SF
Lot size:
1.38 Acres

Property Features for 4750 S Val Vista Dr

General Information

Standard status
Active
Size
10,000 SF
Lot size
1.38 Acres

Building Details

Year built
2024

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Listing Contact
Benjamin Farthing
Source: Crexi

Listing Agency: CBRE - Phoenix Listing Agent: Benjamin Farthing

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Walgreens NNN Investment Opportunity

This is a single-tenant Walgreens investment opportunity in Gilbert, Arizona. The property is a new-construction Walgreens featuring a new 15-year absolute triple-net (NNN) lease. Situated on a 1.38-acre hard-corner parcel, the property is located at the intersection of Val Vista Dr and Queen Creek Rd, which experiences approximately 45,074 vehicles per day. The surrounding area is experiencing significant growth and development. Directly across the street is the 311-acre Harvest Grove master-planned community, which will feature approximately 965 single-family homes, approximately 713 multi-family units, a grocery anchored shopping center, and additional retail and restaurant space. One mile north of the property is The Gilmore, a 35-acre mixed-use development that will encompass approximately 300 multi-family units, a 105-room hotel, and a Safeway anchored shopping center. Approximately 5 minutes north of the property is Dignity Health’s Mercy Gilbert Medical Center, a hospital with approximately 197 beds, approximately 1,400 employees, and more than 1,000 physicians on staff. The location benefits from strong demographics with an average household income of approximately $200,786 and a total population of approximately 91,171 in a 3-mile radius. The property size is 10,000 square feet.
Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

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

Similar Places Nearby

Val Vista Pharmacy, Evernorth Care Group, Cigna Medical Group Pharmacy

Location Insight

  • Map
  • Local Demand
City
Gilbert
County
Maricopa
State
Arizona
Longitude
-111.7566022
Latitude
33.2641946

FAQs

What type of property is this?
Drug store - New-construction Walgreens on a 1.38-acre hard-corner parcel for sale.
Where is this drug store located?
The property is located at 4750 S Val Vista Dr Gilbert, AZ.
What are key features of this property?
This property features: - Brand-new 15-year absolute triple-net (NNN) lease with Walgreens.; - New construction Walgreens in a high-growth area of Gilbert (Phoenix MSA), AZ.; - Located on a large ±1.38-acre hard-corner parcel at a heavily trafficked intersection (±45,074 VPD).
More about this property
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