4949 W Ray Rd - Storefront FOR SALE


Chandler, AZ 85226- West Chandler
$16,500,000 USD
602-538-7155
4949 W Ray Rd, Chandler, AZ for Sale
$16,500,000 USD
Storefront - FOR SALE
1/8
null | 6.36% Cap Rate

4949 W Ray Rd
Chandler, AZ 85226
West Chandler


HIGHLIGHTS

  • 100% leased to two strong credit tenants
  • EOS operates 175 locations in 6 states and plans to expand to approximately 250 locations by 2030
  • Goodwill of Northern and Central Arizona, the largest Goodwill affiliate globally, operates over 150 stores and donation centers across 3 states
  • Brand new 10 year lease extension from Goodwill, demonstrating long-term commitment to the site (±12 years of primary term remaining)
  • ±2.5 miles from 3 major freeways I-10, Loop 202 and Loop 101
  • Strong retail intersection with other national tenants such as Fry’s Grocery, Starbucks, Taco Bell, Jack in the Box and more

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment leased to Goodwill and EOS Fitness, two established national tenants. The property is fully leased and provides investors with stable income generated from two separate tenants. Goodwill of Central & Northern Arizona is the largest Goodwill affiliate in the world and operates more than 150 stores and donation centers across three states. As part of a network exceeding 3,300 locations across North America, Goodwill maintains a proven operating model centered around value-oriented retail and workforce development services. The organization’s long operating history contributes to consistent customer traffic and durable store performance. The site benefits from a recently executed 10-year lease extension, demonstrating long-term commitment to the location. EOS Fitness is a high-growth fitness operator focused on affordable, high-amenity gyms. The company currently operates over 175 locations nationwide and serves more than 1.5 million members, with plans to expand to approximately 250 locations by 2030. Backed by institutional investment and a disciplined expansion strategy, EOS has established itself as a leading value fitness platform across the Southwest and Western United States. The subject property is located at a signalized retail intersection in Chandler, Arizona within an established retail corridor. The site offers convenient access to I-10, Loop 202, and Loop 101 and is surrounded by national retailers including Fry’s Grocery, Starbucks, Taco Bell, and Jack in the Box. High daily traffic volumes and a newly improved parking lot support long-term tenant performance and continued customer demand. This offering provides an opportunity to acquire a well-located multi-tenant retail investment with steady cash flow and long-term value supported by two established operating tenants.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

6.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodwill & EOS Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

192

LAND DETAILS

CROSS STREETS

SEC Rural Rd & Ray Rd

LAND ACRES

5.7 AC

LAND SF

248,074 SF

ZONING

-

APN/PARCEL ID

301-67-966

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.