$1,130,000 USD
602-218-5242
1851 W Northern Ave
Phoenix, AZ 85021
North Phoenix
HIGHLIGHTS
- PRIME HARD CORNER RETAIL ASSET – Strategically located at the signalized hard corner of 19th Ave and Northern Ave, this high exposure retail asset
- ATTRACTIVE YIELD WITH BUILT-IN RENT UPSIDE – This opportunity offers a 6.61% Cap Rate and 3% Annual Rent Increases.
- PASSIVE TRIPLE NET LEASE – Featuring a Triple Net Lease, the property requires little Landlord Responsibilities as the tenant reimburses NNN expenses
- BUILT-IN FLEXIBILITY WITH LANDLORD TERMINATION OPTION – The lease includes a Landlord Option to Terminate with 12 Months’ notice
- HIGH TRAFFIC, HIGH-VISIBILITY LOCATION – Situated at a major intersection with ±62,872 Vehicles Per Day, the property commands excellent exposure
- STRONG DEMOGRAPHICS AND CONSUMER BASE – The surrounding area boasts a population of 180,909 within 3 Miles and 447,323 within 5 Miles
FOR SALE DETAILS
PRICE
$1,130,000 USD
PRICE/SF
$381 USD /SF
CAP RATE
6.61%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
EZ STOP MARKET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.31 AC
LAND SF
13,504 SF
ZONING
C-N
APN/PARCEL ID
157-04-068M
ASK ABOUT THIS PROPERTY
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602-218-5242
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602-218-5242
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