550 Main St Cottonwood, AZ 86326

This exceptional investment opportunity presents a 14,754 square foot Walgreens, situated on a 1.63-acre lot at 550 S Main St, Cottonwood, AZ 86326. The property boasts a 7.25% cap rate and a substantial net operating income (NOI) of $335,745. Benefitting from a long-term, absolute triple-net (NNN) lease with a corporate guarantee from Walgreens, the lease commenced January 22, 2002, and has a remaining term of 11.9 years, expiring September 30, 2036, with seven, five-year renewal options. Built in 1999, this single-tenant property enjoys 100% occupancy and is strategically located on a signalized hard corner along Cottonwood's primary retail corridor, with high visibility to an estimated 41,000 vehicles daily. Nearby prominent retailers include Walmart, The Home Depot, Safeway, and Dollar Tree. The property's strong performance is further supported by projected population and household growth of approximately 6% within the trade area over the next five years. This is a rare opportunity to acquire a stable, high-performing retail asset with a blue-chip tenant and significant long-term growth potential. The asking price is $4,631,000.