Drug Store
Walgreens
550 S Main St, Cottonwood, AZ 86326
Listing Price: $4,631,000
Investment Overview
Marcus & Millichap is pleased to present for sale Walgreens in Cottonwood, AZ. Walgreens is an American pharmaceutical company which operates the largest drug retailing chain in the United States of America. It specializes in serving prescriptions, health & wellness products, health information and photo services. As of 2023, the company operates 8,700 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
Cottonwood is a city in Arizona’s Yavapai County with an estimated population of over 12,000 residents. The city is located adjacent to the Verde River in the geographic center of Arizona in an area known as the Verde Valley, about 100 miles north of the Phoenix metropolitan area. The Verde River runs through the valley from the northwest to the southeast and is augmented by flows from Sycamore Canyon, Oak Creek, Beaver Creek, and West Clear Creek. The area is known for its beauty, with the red rocks and Mogollon Rim to the north and east and the Black Hills and Mingus Mountain dominating the western and southern portions of the valley.
Walgreens
Investment Highlights
- More Than 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Walgreens Guaranty and Multiple Renewal Options
- Long Term Occupancy - Tenant has Operated at this Location for 22 Years, Showing Commitment to the Site
- Signalized Hard Corner Location, Visible to Nearly 41,000 Cars per Day
- Located Along the City's Primary Retail Corridor - Surrounding Tenants Include Walmart, The Home Depot, Safeway, and Dollar Tree
- Households and Population Projected to Increase Approximately 6% in the Trade Area Over the Next 5 Years
- Adjacent to the Verde Valley Fairgrounds
- Cottonwood is Conveniently Located within a 2-Hour Drive of Phoenix
Exclusively Listed By
Listing Price: $4,631,000
Investment Highlights
- More Than 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Walgreens Guaranty and Multiple Renewal Options
- Long Term Occupancy - Tenant has Operated at this Location for 22 Years, Showing Commitment to the Site
- Signalized Hard Corner Location, Visible to Nearly 41,000 Cars per Day
- Located Along the City's Primary Retail Corridor - Surrounding Tenants Include Walmart, The Home Depot, Safeway, and Dollar Tree
- Households and Population Projected to Increase Approximately 6% in the Trade Area Over the Next 5 Years
- Adjacent to the Verde Valley Fairgrounds
- Cottonwood is Conveniently Located within a 2-Hour Drive of Phoenix
Investment Overview
Marcus & Millichap is pleased to present for sale Walgreens in Cottonwood, AZ. Walgreens is an American pharmaceutical company which operates the largest drug retailing chain in the United States of America. It specializes in serving prescriptions, health & wellness products, health information and photo services. As of 2023, the company operates 8,700 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Cottonwood is a city in Arizona’s Yavapai County with an estimated population of over 12,000 residents. The city is located adjacent to the Verde River in the geographic center of Arizona in an area known as the Verde Valley, about 100 miles north of the Phoenix metropolitan area. The Verde River runs through the valley from the northwest to the southeast and is augmented by flows from Sycamore Canyon, Oak Creek, Beaver Creek, and West Clear Creek. The area is known for its beauty, with the red rocks and Mogollon Rim to the north and east and the Black Hills and Mingus Mountain dominating the western and southern portions of the valley.
Exclusively Listed By
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