20266 N. Lake Pleasant Road, Peoria, AZ 85382 For Sale

Rare Village Medical Location | Absolute NNN Lease | 1st Option Recently Exercised

• The Property features a freestanding 15,000 SF building on a 2.16-acre corner parcel, providing strong intrinsic value and residual real estate within a built-out, high-barrier submarket.
• The Property features a co-located Village Medical clinic, a designation held by approximately 200 Walgreens locations nationwide, selected on trade area demographics and store performance. The buildout provides for recurring patient traffic that supports pharmacy and front-of-store volume.
• The Property is subject to a long-term Absolute NNN lease with Walgreens which provides for zero landlord responsibilities and a completely passive investment, with the Tenant responsible for all real estate taxes, insurance, maintenance, and structural obligations.
• Walgreens recently exercised their first option period with no rental concessions, demonstrating their ongoing commitment to this location and the surrounding Peoria market.

Signalized Intersection | 41,000+ VPD | Major Highway Connections

• The Property occupies the hard corner of N Lake Pleasant Road and Beardsley Road, with a combined 41,000+ vehicles per day passing the site and dedicated ingress/egress access points on both roadways.
• Beardsley Road connects to Loop 101 access roads approximately 3 miles away. Loop 101 is the main highway corridor that runs throughout the north Phoenix metro area.
• N Lake Pleasant joins Lake Pleasant Parkway less than 1 mile north, which serves as North Peoria's primary commercial corridor, carrying residents and commuters between the established neighborhoods to the south and the rapidly growing Loop 303 and Lake Pleasant area to the north.

81,500+ Residents | $101,000+ Avg HH Income | 18,400+ Daytime Employees

• The Property is supported by more than 13,000 residents within one mile and over 81,500 within three miles. Such residents possess average household incomes that surpass $101,400 and $105,800, respectively, providing for strong disposable income.
• In the immediate area are numerous residential communities that can create a strong, recurring customer base. Directly behind the Property is Pillar Lago (120 multi-family units, while N Lake Pleasant features Desert Winds (140 units), Lake Pleasant Village (152 units), and the proposed Cove at Camino a Lago (105 single-family homes).
• In close proximity are numerous local schools which include but are not limited to Parkridge Elementary School (872 students) less than a half mile away, Sunset Heights Elementary School (1,019 students), and Liberty High School (2,562 students).
• The Property also benefits from a strong daytime workforce, with over 18,400 employees within a three-mile radius driving consistent daily traffic and demand.

Adjacent Growth Corridor | $7 Billion Amkor Semiconductor Campus

• The Property is near the Peoria Innovation Core, an 8,000-acre master-planned employment hub at the Lake Pleasant / Loop 303 intersection.
• The district is anchored by Amkor Technology's new advanced semiconductor packaging and test campus which broke ground in October 2025 on a $7 billion, 171-acre campus that will deliver over 750,000 SF of space and as many as 3,000 high-quality jobs at an average salary of approximately $100,000, with production anticipated in early 2028.

Expanding Medical Hub | New HonorHealth ER, Medical Campus

• The property is situated within a growing medical hub with key facilities located within 5 miles.
• Approximately 4 miles away along Lake Pleasant Parkway, HonorHealth opened its Complete Care - Lake Pleasant facility in January 2026.
• Additional medical facilities in the area include Banner Boswell Medical Center Sun City (525 beds, 1,200+ employees), Abrazo Peoria Emergency Center and the 80,000 SF Cielo Vista Medical Commons delivering in 2026.

Strong Synergies Amongst Other National Retailers

• Directly across N Lake Pleasant is the Ventana Village Center, home to Bashas’, PNC Bank, West Valley Animal Hospital, Grease Monkey, and many more.
• Less than 1 mile north is the Camino a Lago Marketplace that is anchored by a Walmart Supercenter which, per CenterCheck, ranks in the 83rd percentile nationally with $141M+ in annual credit & debit card sales. The Marketplace also features EoSFitness and outparcels for Starbucks, Burger King, Dairy Queen, and more. The Burger King also ranks in the 77th percentile nationally with over $2.1M in annual card sales.