1201 E Northern Ave - Service Station FOR SALE
Phoenix, AZ 85020 |
1201 E Northern Ave
Phoenix, AZ 85020
HIGHLIGHTS
- Absolute NNN - no landlord responsibilities
- Long term primary lease (±20 years remaining)
- Qualifies for bonus depreciation
- Rental increases every 5 years to hedge against inflation
- Located on a hard corner with ±62,375 vehicles per day at 12th St & Northern Ave
- Densely populated trade area with over 359,000 residents within 5 miles
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Brand New 20 Year Absolute NNN ARCO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
2503
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
160-15-105B
