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Absolute NNN Drive-Through Property
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Pending

710 E Camelback Rd, Phoenix, AZ 85014

Walgreens occupies a signalized-corner retail property within a heavily trafficked Phoenix corridor under an absolute NNN lease.

Property SizeContact for details
Days on Market144

Property Features for 710 E Camelback Rd

General Information

Standard status Pending
Property subtype Retail

Site & Location

Corner Location Yes
Drive-Thru Yes
Traffic Count 37,781 vehicles/day

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Nashville
Listed By: Jason Hernandez · License #CA 01392646
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 11:21AM

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 Marcus & Millichap - Nashville

Investment Insights

Based on property information with market context.

This Walgreens retail property is leased on an absolute NNN basis, placing landlord management and maintenance responsibilities with the tenant under the stated lease structure. Walgreen Co. guarantees the lease, which includes 5% rent increases every 5 years during the original term and 12 five-year renewal options if exercised. The site also includes a drive-through lane supporting customer access from vehicles.

The property is positioned at the four-way signalized intersection of E. Camelback Road in Phoenix, where traffic is reported at 37,781 cars per day. Surrounding retail and service users include Whole Foods Market, Denny’s, Wells Fargo Bank, Target, Starbucks, AutoZone Auto Parts, Chase Bank, and Fry’s Food and Drug. The nearby medical context includes Carl T. Hayden VA Hospital and Phoenix Indian Medical Center.

Key Highlights

  • Absolute NNN lease with no landlord management or maintenance responsibilities
  • Walgreen Co. guarantees the lease
  • 5% rent increases every 5 years during the original term

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Gym Gym & Fitness Center Walgreens Pharmacy Redbox Cinema Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Tanning Salon Veterinary Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37,781 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,468
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Walgreens occupies a signalized-corner retail property within a heavily trafficked Phoenix corridor under an absolute NNN lease.
Where is this nnn property located?
The property is located at 710 E Camelback Rd Phoenix, AZ.
What are key features of this property?
This property features: Absolute NNN lease with no landlord management or maintenance responsibilities; Walgreen Co. guarantees the lease; 5% rent increases every 5 years during the original term
More about this property
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