100% Occupied Two-Tenant Retail Asset Anchored By A Publicly Traded Retailer:
• ±24,500 SF retail property leased to Boot Barn (NYSE: BOOT) and OX Korean BBQ.
• Fee Simple Ownership on ±1.48 acres.
• Class A building built in 2017 and strategically positioned within one of Avondale’s premier retail corridors.
Top Performing Tenant And Strong Operator:
• This Boot Barn is top ranked in both the State, and the Country with rankings of 82nd percentile in Arizona and 84th Percentile in the Country.
• Boot Barn executed a 10-year lease extension after expanding its footprint by more than 7,500 SF.
• Boot Barn is a publicly traded tenant with over 500 locations nationwide.
• OX Korean BBQ is operated by an experienced restaurant group with multiple successful concepts throughout the Phoenix MSA. Additionally, the Tenant has a $15M LLC Guarantee.
• The Operator has two other nearby concepts, including the “Number 1 Buffett” next door with sales over $15M annually.
• OX Korean BBQ benefits from the experienced regional operator, proven restaurant group, and demonstrates success within the trade area.
David Harrington
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550