Entity Owned Property summary
This exceptional investment opportunity presents a 15,070-square-foot Walgreens located in Gilbert, Arizona, on a 2.06-acre lot. The property boasts a strong 5.90% cap rate and a substantial net operating income (NOI) of $346,909. Built in 2001, the single-tenant, NNN-leased property features a prominent location at the signalized intersection of East Williams Field Road and South Lindsay Road, benefiting from high visibility and excellent access. The Walgreens lease commenced in November… 2003 and has approximately 14 years remaining, with favorable lease terms including 5% rent increases every five years and in each of the twelve, five-year renewal options. The property is strategically positioned within a thriving retail corridor, near major shopping centers such as SanTan Village, SanTan Village Marketplace, and Crossroads Towne Center, offering a diverse mix of retail, office, industrial, and residential properties within a three-mile radius. This prime location within the Phoenix-Mesa-Chandler MSA, a major economic hub with a population exceeding 5.06 million, provides exceptional long-term growth potential. The surrounding area includes numerous big-box retailers, further enhancing the property's value and appeal. This is a rare opportunity to acquire a high-performing, well-located Walgreens property with significant long-term income potential. The asking price is $5,879,814, representing a price per square foot of $390.17.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 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 · 16 properties nearbyComparable nearby
Similar in This City 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 $99/month
- GBA
- 15,120 SF
- Lot area
- 2.06 ac
- Year built
- 2001
- Stories
- 1
- APN
- 304-42-820
- Zoning
- CC
- Assessed value · 2024
- $817,935
- Annual tax · 2023
- $50,626
- Auto Repair, Garage
- Retail Stores · current use
- Neighborhood: Shopping Center
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
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
The purpose of Community Commercial zoning is to allow the integration of less intense small to medium scale businesses within proximity of neighborhoods. The uses permitted within CC are limited in size and scale and ar…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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