This offering presents an opportunity to acquire a fully stabilized retail asset in the heart of Tempe, Arizona. The property, located at 1501 E Apache Boulevard, is 100% NNN leased to Amazon Prime Now, a globally recognized tenant delivering consistent and reliable income from day one. With a sale price of $2,500,000 and a cap rate of 5.38%, the investment provides a strong return backed by a creditworthy tenant.
Built in 2005, the ±4,950 SF building sits within a federally designated Opportunity Zone, offering potential tax advantages for long-term investors. The site is strategically positioned just a half-block from a Valley Metro Light Rail stop and near Arizona State University, ensuring excellent accessibility and visibility in a high-traffic corridor. The surrounding area benefits from robust demographics, including a dense employment base and strong consumer spending, driven by the university and nearby business districts.
This asset combines secure cash flow, a premier location, and the stability of a nationally recognized tenant, making it an attractive addition to any investment portfolio.