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3100 W Indian School Road - M&i Thunderbird Bank, Phoenix, AZ

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3100 W Indian School Road - M&i Thunderbird Bank

Phoenix, AZ 85017-4034 - West Phoenix/Maryvale Ret Submarket

Property Type:Retail Sub Type:Bank Status:Existing Year Built:1977
Building Size:5,826 SF Land Area:1.36 AC (59,429 SF)
For Sale Price:$3,323,000 Price/SF:$570.37
Cap Rate:4.74 %
Parking:Free Surface spaces are available; Ratio of 6.7/1,000 SF

Sale Notes:
The branch, located a short drive from US Route 60, consists of 5,826 square feet. With a traffic count of 23,000 cars per day, the property features three points of ingress/egress to a 65-space parking lot with three drive-thrus.

Situated in a mixed-use corridor, the building benefits from traffic generated from adjacent residential communities, business parks and shopping centers. Notable big-box retailers include Costco, and Ranch Market, a regional supermarket chain.

The surrounding residential base is home to over 470,000 residents in a 5-mile radius. Within that same radius, the average household income is roughly $50,000. This location controls nearly 30% of the market share within a 1-mile radius, a testament to the long-term success of the branch.

Download attached offering memorandum for additional information.

Equity Investment Advisors
Rich Lydon
(310) 584-4540

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