1325 W Elliot Rd - Freestanding FOR SALE


Tempe, AZ 85284- South Tempe
$3,943,000 USD
480-531-0369
1325 W Elliot Rd, Tempe, AZ for Sale
$3,943,000 USD
Freestanding - FOR SALE
1/4
null | 5.25% Cap Rate

1325 W Elliot Rd
Tempe, AZ 85284
South Tempe


HIGHLIGHTS

  • Net Lease Starbucks | Build To Suit
  • 10-Year Term | Corporate Guarantee | 2025 Construction
  • Strong Rent Growth - 10% Every 5 Years Including Option Periods
  • Double-Stack Drive-Thru

OVERVIEW

- Direct frontage on Elliot Rd (52K VPD) and less than 1 Mile from I-10 Freeway - Primary retail corridor surrounded by national retailers including Walmart, Ikea, Lifetime Fitness, PetSmart, At Home and a host of others - Located in a dense residential area there are over 272K residents within 5-miles of the site - Dense employment hub home to some of Arizona's largest employers Coca-Cola, Honeywell, American Airlines and Circle K

FOR SALE DETAILS

PRICE

$3,943,000 USD

PRICE/SF

$1,708 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

PCC-2

APN/PARCEL ID

301-53-060

ASK ABOUT THIS PROPERTY

Alec MillerSimonCREMore Info
480-531-0369

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Alec MillerSimonCREMore Info
480-531-0369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.