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Six-Store Walgreens Retail Portfolio
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7923 E McDowell Rd, Scottsdale, AZ 85257

Multi-state retail portfolio spanning six store locations across three states.

Property Size87,136 SF
Days on Market3

Property Features for 7923 E McDowell Rd

General Information

Standard status Active
Size 87,136 SF
Property subtype Retail
Zoning C-3

Additional Details

Gross Income $1,990,000

Building Details

Building Size 87,136 SF
Buildings 6
Listing Agency: Colliers
Listed By: Barry Swatsenbarg · License #MI 6501294779
Source: Cpix.resimplifi
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 8:53PM

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 Colliers

Investment Insights

Based on property information with market context.

This portfolio includes six Walgreens retail locations with a combined 87,136 square feet across Arizona, Illinois, and Texas. The properties are identified at 7923 E McDowell Rd in Scottsdale; 2205 W 22nd St in Oak Brook; 901 W Touhy Ave in Park Ridge; 305 W Rollins Rd in Round Lake Beach; 438 W Illinois Ave in Dallas; and 6302 Fairmont Pkwy in Pasadena.

The locations are described as centrally positioned near signalized intersections and along corridors with high vehicle traffic. The portfolio represents retail properties in multiple established markets, with each site associated with an operating Walgreens location. C-3 zoning is provided in the property information.

Key Highlights

  • Six Walgreens retail locations across Arizona, Illinois, and Texas
  • Combined portfolio size of 87,136 square feet
  • Properties located in Scottsdale, Oak Brook, Park Ridge, Round Lake Beach, Dallas, and Pasadena

Property Analytics

Current Use

Coinhub Bitcoin ATM ... Atm Steven M. Hoffman ... Physician Redbox Cinema FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Daycare Center

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

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby
229k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Groceries 28% Home Improvements & Furnishings 18% Shops & Services 18%
Fry's Groceries
64,493 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
33,770 visits/mo 0.1 miles
McDonald's Dining
21,379 visits/mo 0.1 miles
Dollar Tree Shops & Services
16,124 visits/mo 0.2 miles
Taco Bell Dining
14,016 visits/mo 0.1 miles

Demographics for 85257, AZ

29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-state retail portfolio spanning six store locations across three states.
Where is this retail space located?
The property is located at 7923 E McDowell Rd Scottsdale, AZ.
What are key features of this property?
This property features: Six Walgreens retail locations across Arizona, Illinois, and Texas; Combined portfolio size of 87,136 square feet; Properties located in Scottsdale, Oak Brook, Park Ridge, Round Lake Beach, Dallas, and Pasadena
More about this property
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