5050 E Ray Rd - Department Store FOR SALE
Phoenix, AZ 85044 |
5050 E Ray Rd
Phoenix, AZ 85044
HIGHLIGHTS
- WELL BELOW MARKET RENT
- NNN LEASE
- Located in the Ahwatukee submarket of Phoenix, AZ
- Over 12m annual visits to Foothills Park Place and Ahwatukee Foothills
- The JC Penney’s box is strategically located on the hard corner of the Interstate 10 and Ray Road with nearly 230,000 cars per day.
- Average Household Incomes in a Three-Mile Radius are over $133,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
JCPenney
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
104880
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
422
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
301-59-471
