Anthem AZ - CVS

Description:

Single-tenant CVS Pharmacy located in the master-planned community of Anthem, one of the strongest suburban submarkets in the Phoenix MSA
Nationally recognized investment-grade tenant (S&P rated BBB), operating over 9,000 locations nationwide.
CVS has operated at this site for approximately 25 years and just extended its lease through October 2031, demonstrating its success and commitment to this location.
Large 2.59 acre parcel located at the main signalized intersection in the community with over 33,000 vpd.
The Circle K across the street from the property is ranked in the top 3% of all Circle K locations nationwide, per Placer.ai.
Adjacent to a Starbucks ranked in the top 35% nationally, top 35% in Arizona, and #4 out of 13 within a 15 mile radius (top 24%), per Placer.ai.
Strong demographics with approximately 48,000 residents and 11,200 employees within 5 miles, supported by nearby schools, medical offices, grocery-anchored centers, and daily-needs retail
Exceptionally high Average Household Income over $168,000 within 3 miles.

Across Anthem Way from Anthem Marketplace, a neighborhood shopping center anchored by Safeway, Wells Fargo, McDonalds and Taco Bell.
The Phoenix MSA continues to benefit from population in-migration, job growth, and favorable business climate, supporting long-term real estate fundamentals.

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Listing ID: a28TP000002N35hYAC