3560 Peoria Ave Phoenix, AZ 85029
- Retail properties
- 56,806 SF
- 11.99 lot acres
Current Use by Public Records
- CVS Pharmacy / Pharmacy
- CVS / Drug Store / Beauty Supply Store
- Redbox / Dvd Store / Movie Rental Store
- CVS Minute Clinic / Pharmacy / Medical Clinic
- Blue Box USPS / Shipping And Mailing Service
Property Details for 3560 Peoria Ave
- Lot size
- 11.99 lot acres
- Property size
- 56,806 SF
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
This exceptional investment opportunity presents a portfolio of four CVS Pharmacy leasehold properties totaling 56,806 square feet. Strategically located across four states – Arizona, New Mexico, Pennsylvania, and Massachusetts – this portfolio offers a diversified geographic footprint and strong tenant occupancy. The properties are situated on a combined 11.99 acres of land. Each location benefits from a long-term absolute NNN lease with CVS Pharmacy, minimizing landlord responsibilities and providing predictable cash flow. The portfolio boasts a compelling asking price of $13,802,000, translating to a price per square foot of $242.97 and a strong 9.25% capitalization rate. The current Net Operating Income (NOI) stands at $1,276,705. Specific addresses include: 3560 W Peoria Ave, Phoenix, AZ 85029
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.136
- Latitude
- 33.5824
