1937 N 99th Ave - Retail FOR SALE


Phoenix, AZ 85037- Crystal Gardens
$2,700,000 USD
602-957-9800
1937 N 99th Ave, Phoenix, AZ for Sale
$2,700,000 USD
Retail - FOR SALE
1/3
null | 5% Cap Rate

1937 N 99th Ave
Phoenix, AZ 85037
Crystal Gardens


HIGHLIGHTS

  • New, long-term 15-term absolute NNN corporate ground lease, landlord has NO responsibilities
  • Brand-new freestanding building with drive-thru bays and attractive high-quality construction
  • Outparcel to new high-profile shopping center anchored by Sprouts Farmers Market
  • Most dominant West-Valley intersection and regional shopping destination with powerful co-tenancy at the intersection
  • True investment grade tenant Valvoline Inc. (NYSE: VVV) with ±1,900 locations in the United States and a global footprint

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$1,298 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL VALVOLINE | 15-YEAR GROUND LEASE

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

102-33-526

ASK ABOUT THIS PROPERTY

Danny GardinerPhoenix Commercial AdvisorsMore Info
602-957-9800

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Danny GardinerPhoenix Commercial AdvisorsMore Info
602-957-9800

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