4301 W Indian School Rd - Office FOR SALE


Phoenix, AZ 85031
$1,200,000 USD
602-538-7155
4301 W Indian School Rd, Phoenix, AZ for Sale
$1,200,000 USD
Office - FOR SALE
1/8
null | 7.27% Cap Rate

4301 W Indian School Rd
Phoenix, AZ 85031


HIGHLIGHTS

  • Absolute NNN: zero landlord responsibilities
  • Hard corner location
  • Tenant has no renewal options enabling future redevelopment opportunities
  • Surrounded by national tenants including AutoZone, Planet Fitness, QuikTrip, O’Reilly Auto Parts, Taco Bell, Burger King, and more
  • Densely populated trade area with over 499,000 residents in a 5-mile radius
  • Positioned at a signalized intersection with combined traffic counts of approximately 95,166 vehicles per day

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Check$mart, strategically located on a signalized hard corner in a dense infill Phoenix corridor. The property is secured by an absolute NNN lease, providing investors with passive ownership and zero landlord responsibilities, while also offering meaningful long-term value through the strength of the underlying real estate. The subject property is positioned at the intersection of Indian School Road and 43rd Avenue, benefiting from exceptional visibility, convenient access, and combined traffic counts of approximately 95,166 vehicles per day. The site is surrounded by a strong concentration of national retailers including AutoZone, Planet Fitness, QuikTrip, O’Reilly Auto Parts, Taco Bell, and Burger King, reinforcing the corridor’s established retail demand and consistent consumer traffic patterns. Additionally, the property is located within a densely populated trade area with more than 499,000 residents within a five-mile radius, supporting long-term viability for a wide range of retail uses. Beyond the in-place cash flow, the investment offers future optionality through the lease structure and site positioning. With no renewal options remaining, the property presents a potential opportunity for future redevelopment or re-tenanting of a well-located corner parcel in a mature, high-traffic submarket. This combination of passive income today and real estate flexibility tomorrow makes the offering especially compelling for investors seeking both yield and longer-term upside. This offering represents an opportunity to acquire a well-located net leased asset with strong visibility, infill location fundamentals, and embedded redevelopment potential in one of Phoenix’s established commercial corridors.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$1,067 USD /SF

CAP RATE

7.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Check$mart | Absolute NNN Lease

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,551 SF

ZONING

C-2

APN/PARCEL ID

107-22-043Q

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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