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Drug Store

Dark CVS

10 E Dunlap Ave, Phoenix, AZ 85020

Listing Price: Request For Offer

Tenant Name
CVS
Years Remaining On Lease
3.3
Guarantor
Corporate Guarantee
Rentable SF
13,813
Lease Type
Absolute Net
Rent Per Square Feet
$28.04

Investment Overview

Marcus & Millichap is pleased to offer for sale, the fee simple interest in a dark CVS in Phoenix, AZ.

This dark CVS is located at 10 East Dunlap Avenue in Phoenix, Arizona. While CVS has already ceased operations at this location, they remain responsible for all lease obligations until lease expiration. The property consists of a single-story 13,813 SF free standing structure that was built in 2003 on a 1.34 AC lot with 40+ parking spaces and a double drive thru. The property is adjacent to a Walmart Neighborhood Market anchored shopping center, Marketplace at Central, which encompasses over 111,000 SF. The property is surrounded by major retailers including Ross, Starbucks, McDonald’s, Popeyes, Taco Bell, Pizza Hut, O’Reilly, Napa, Advance Auto Parts, Dollar Tree, Family Dollar, Fry’s, Planet Fitness, Anytime Fitness, and many more. The property benefits from its hard corner location at the 4-way signalized intersection of E Dunlap Ave & N Central Ave, which sees a combined average of over 45,700 VPD.

Investment Highlights

  • Prime Redevelopment Opportunity
  • Very Dense Population | Over 17,500 Residents in 1-Mile Radius | Over 387,800 Residents in 5-Mile Radius
  • Adjacent to Walmart Neighborhood Market Anchored Shopping Center | Marketplace at Central | Encompassing Over 111,000 SF
  • Excellent Location | Hard Corner at 4-Way Signalized Intersection | Strong Combined Average Traffic Counts of 45,700+ VPD (E Dunlap Ave & N Central Ave)
  • Affluent Community | Average Household Income Exceeds $87,000 in 5-Mile Radius
  • Large 1.34 Acre Lot with Double Drive Thru Surrounded by Every Major Retailer
  • Surrounded by Major Tenants including Ross, Starbucks, McDonald's, Popeyes, Taco Bell, Pizza Hut, O'Reilly, Napa, Advance Auto Parts, Dollar Tree, Family Dollar, Fry's, Planet Fitness, Anytime Fitness, and many more
  • Ample Parking | Over 40 Spaces

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Listing Price: Request For Offer

Tenant Name
CVS
Years Remaining On Lease
3.3
Guarantor
Corporate Guarantee
Rentable SF
13,813
Lease Type
Absolute Net
Rent Per Square Feet
$28.04

Investment Highlights

  • Prime Redevelopment Opportunity
  • Very Dense Population | Over 17,500 Residents in 1-Mile Radius | Over 387,800 Residents in 5-Mile Radius
  • Adjacent to Walmart Neighborhood Market Anchored Shopping Center | Marketplace at Central | Encompassing Over 111,000 SF
  • Excellent Location | Hard Corner at 4-Way Signalized Intersection | Strong Combined Average Traffic Counts of 45,700+ VPD (E Dunlap Ave & N Central Ave)
  • Affluent Community | Average Household Income Exceeds $87,000 in 5-Mile Radius
  • Large 1.34 Acre Lot with Double Drive Thru Surrounded by Every Major Retailer
  • Surrounded by Major Tenants including Ross, Starbucks, McDonald's, Popeyes, Taco Bell, Pizza Hut, O'Reilly, Napa, Advance Auto Parts, Dollar Tree, Family Dollar, Fry's, Planet Fitness, Anytime Fitness, and many more
  • Ample Parking | Over 40 Spaces

Investment Overview

Marcus & Millichap is pleased to offer for sale, the fee simple interest in a dark CVS in Phoenix, AZ. This dark CVS is located at 10 East Dunlap Avenue in Phoenix, Arizona. While CVS has already ceased operations at this location, they remain responsible for all lease obligations until lease expiration. The property consists of a single-story 13,813 SF free standing structure that was built in 2003 on a 1.34 AC lot with 40+ parking spaces and a double drive thru. The property is adjacent to a Walmart Neighborhood Market anchored shopping center, Marketplace at Central, which encompasses over 111,000 SF. The property is surrounded by major retailers including Ross, Starbucks, McDonald’s, Popeyes, Taco Bell, Pizza Hut, O’Reilly, Napa, Advance Auto Parts, Dollar Tree, Family Dollar, Fry’s, Planet Fitness, Anytime Fitness, and many more. The property benefits from its hard corner location at the 4-way signalized intersection of E Dunlap Ave & N Central Ave, which sees a combined average of over 45,700 VPD.

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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