2302 W Northern Ave
Phoenix, AZ 85021
Metrocenter
HIGHLIGHTS
- Absolute NNN Ground Lease Investment - passive, management-free investment
- Brand New 2025 Construction | Strong Real Estate Fundamentals
- 20-Year Lease with Six (6) 5-Year Options; 12.5% increases every 5 years
- Corporate-Guaranteed Lease - strong rental growth
- Dense infill trade area near major destinations
- Tenant to start paying rent - February 2026
FOR SALE DETAILS
PRICE
$3,100,000 USD
PRICE/SF
$630 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Terribles | Phoenix, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
1.09 AC
LAND SF
47,480 SF
ZONING
C-2, Phoenix
APN/PARCEL ID
158-04-006Q
ASK ABOUT THIS PROPERTY
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602-400-5084
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602-400-5084
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