Property summary
This exceptional investment opportunity presents a 14,490-square-foot, single-story storefront formerly occupied by Walgreens, situated on a 2.2-acre lot in Fountain Hills, Arizona. The property boasts an absolute triple-net (NNN) lease with 3.8 years remaining, guaranteeing zero landlord responsibilities. The strong financial performance is reflected in an 11.11% cap rate and a substantial NOI of $333,270. Built in 2003, this property benefits from a prime location on Shea Boulevard, a… major thoroughfare connecting Fountain Hills and Scottsdale. The surrounding area demonstrates robust economic indicators, including a 5-mile household income exceeding $154,100 and approximately $714.9 million in consumer spending within a 5-mile radius. The C-2 zoning allows for flexible future use. Furthermore, the property's adjacency to significant multifamily developments, including the approved Village at Four Peaks (approximately 316 units) and the completed Park Place at Fountain Hills (approximately 230 units), promises continued growth and increased value. A single-lane drive-thru on the west side of the building adds further convenience and potential. The asking price is $3,000,000. This is a rare opportunity to acquire a passively managed, high-return investment with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 14,314 SF
- Lot area
- 2.2 ac
- Year built
- 2003
- Stories
- 1
- APN
- 176-09-485
- Zoning
- C-2
- Assessed value · 2024
- $609,562
- Annual tax · 2023
- $29,821
- Retail Stores · current use
- Auto Repair, Garage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Town of Fountain Hills Zoning Ordinance Chapter 6 Page 32 of 34 November 1, 2012 1752356.9 5. In the C-2, C-3, and TCCD zoning districts, a secondary entrance wall sign is allowed in addition to total aggregate sign area…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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