www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
18757817
18757821

2785 N Pinal Ave, Casa Grande, AZ 85122

MM
AZ #SA694963000, CO ER.100109767
Echo West Capital Advisors
RM
AZ AZ SA649495000
Echo West Capital Advisors
TW
AZ SA630681000
Echo West Capital Advisors
Listed by Echo West Capital Advisors
$2,400,000
696 days on market
Updated 36 days ago

Walgreens (Leasehold Interest)

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,736
Net Rentable (SqFt) 14,736
Cap Rate 7.41%
NOI $177,921
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Expiration 11/30/2039
Year Built 2008
Buildings 1
Stories 1
Acreage 2.050
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/07/2014
Ownership Leasehold Interest

Leasehold Interest Opportunity For Sale | 7.41% CAP

Investment highlights

  • Absolute NNN Leasehold Interest - Offering features an absolute triple net lease with zero landlord responsibilities. The tenant is responsible for all taxes, insurance, maintenance, repair, operating costs, and ground rent payments ($140,000/year) associated with the property.

  • Corporate Guarantee | Market Leader in the Category - Lease is corporately guaranteed by Walgreens, the second-largest pharmacy store chain in the United States (NASDAQ: WBA).

  • High Growth Submarket - “Top 5 Fastest Growing Community in Arizona for Population Growth - Casa Grande is consistently ranked as one of the fastest growing submarkets in the state of Arizona with a population growth rate that has exceeded 8% year-over-year. The growth rate is projected to continue as major companies continue to locate in the market as a hub for manufacturing and semi-conductor related jobs.

  • Job Growth in Casa Grande - 53.9% Projected Job Growth Over the Next Ten Years - Casa Grande and Pinal County has welcomed major companies like Lucid Motors, Kohler, Frito-Lay, Chang Chun, Attessa, LKQ, & Monsanto over the past several years to build critical warehouse and semiconductor facilities.

  • Tremendous Real Estate Fundamentals & Retail Synergy - Property is conveniently situated across from the Casa Grande’s sole Fry’s Marketplace store, a recently constructed 123,000 SF grocer. This Fry’s is ranked #3 in the State of Arizona and sees 1,690,510 visitors per year (Placer.ai).

  • Booming Rooftop Growth in Immediate Trade Area - Approximately 7,400 single-family, multi-family and build-for-rent units are either planned or under construction within a 5-mile radius of the subject site. That number includes nearly 1,500 residential units at the immediate intersection.

Listing Contacts

MM
AZ #SA694963000, CO ER.100109767
Echo West Capital Advisors
RM
AZ AZ SA649495000
Echo West Capital Advisors
TW
AZ SA630681000
Echo West Capital Advisors
Listed by Echo West Capital Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$177,921.00
$14,826.75/mo

Valuation Metrics

0
DSCR
7.41%
Cap Rate
7.41%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matt Mathers
License
#SA694963000
Brokerage
Echo West Capital Advisors
Brokerage Phone
4805166431
Title
Partner
Name
Ryan Moroney
License
AZ SA649495000
Brokerage Phone
6024219100
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591