New Walgreens NNN Investment
4750 S Val Vista Dr, Gilbert, AZ 85297
New-construction Walgreens on a 1.38-acre hard-corner parcel for sale.
Type:Retail
Property size:
10,000 SFLot size:
1.38 AcresPrice / SF:
$734/SF- Added:
- Feb 17, 2026
- Days on Market:
- 83
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 4750 S Val Vista Dr
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 1.38 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2024
Listing agent Benjamin Farthing License #AZ SA673557000
Listing office CBRE - Phoenix
Listing date Feb 17, 2026
Source Crexi
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 CBRE - Phoenix
HighLights
- 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).
- Strong demographics with high average household income (±$200,786) and large population (±91,171) within a 3‑mile radius.
- Proximity to significant developments including the Harvest Grove master‑planned community and The Gilmore mixed‑use development.
- Close proximity to Dignity Health’s Mercy Gilbert Medical Center.
Overview
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
Similar Places Nearby
- Val Vista Pharmacy — 3570 S Val Vista Dr #108, Gilbert, AZ 85297
- Evernorth Care Group — 3717 S Rome St Suite #101, Gilbert, AZ 85297
- Cigna Medical Group Pharmacy — 3717 S Rome St Suite #101, Gilbert, AZ 85297
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.7566022
- Latitude
- 33.2641946
Nearby Similar for Sale
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 is the asking price?
The asking price for this property is $7,343,000.
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).
