23040 163rd Ave - Retail FOR SALE


Surprise, AZ 85387- Lake Pleasant
$2,762,000 USD
928-284-8404
23040 163rd Ave, Surprise, AZ for Sale
$2,762,000 USD
Retail - FOR SALE
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23040 163rd Ave
Surprise, AZ 85387
Lake Pleasant


HIGHLIGHTS

  • At the signalized hard corner of 163rd Avenue and Pat Tillman Boulevard, this strategic location captures a steady flow of over 12,386 vehicles per da
  • With 15,665 planned housing units currently under development or completed, this site serves as a vital retail hub for a massive audience of families
  • Benefit from a corporate guarantee from Circle K, a subsidiary of Alimentation Couche-Tard (ANCTF).

OVERVIEW

Clean Freak Absolute Ground Lease with zero landlord responsibilities. 15-Year Term Corporate Guarantee 2025 New Construction. 10% Rent Increases Every 5 Years Strategic rent increases provide a built-in inflation hedge. New Retail Intersection Featuring Fry’s Marketplace (Kroger).

FOR SALE DETAILS

PRICE

$2,762,000 USD

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Clean Freak At Asante Trails

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Service Station, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter LeBlancSimonCREMore Info
928-284-8404

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Peter LeBlancSimonCREMore Info
928-284-8404

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