INVESTMENT HIGHLIGHTS

• RECENT LEASE RENEWAL – Walgreens recently extended its lease at existing rental rates, signaling a long-term commitment to this high-performing location.
• TOP PERFORMING STORE – Generates over $2.64 million in annual sales, placing this store among the top-performing Walgreens locations nationwide.
• HEALTHY RENT-TO-SALES RATIO – Features a sustainable ±8% rent-to-sales ratio, demonstrating operational efficiency and strong tenant performance.
• BELOW MARKET RENT – Currently leased at approximately $14/SF, which is below market, providing future upside potential as area rents continue to rise.
• HIGH-TRAFFIC CORRIDOR – Strategically positioned along a major thoroughfare and a four way lighted intersection, the property sees ±48,000 vehicles per day.
• RETAIL SYNERGY LOCATION – Directly across from a high-traffic retail center anchored by Whataburger, Fry’s Food and Drug Store, Planet Fitness, and Lindsay Marketplace, benefiting from consistent consumer foot traffic and robust co-tenancy.
• STRONG DEMOGRAPHICS – Serves a dense and affluent population of 362,266+ residents with an average household income of $88,583 within a 5-mile radius.
• STRATEGIC MARKET POSITIONING – Located in the Phoenix Metropolitan Statistical Area (MSA)— one of Arizona’s most active and resilient retail markets, with a low retail vacancy rate of 4.8%.