6324 E Greenway Rd - Service Station FOR SALE


Scottsdale, AZ 85254- North Scottsdale
$5,553,000 USD
480-221-4221
6324 E Greenway Rd, Scottsdale, AZ for Sale
$5,553,000 USD
Service Station - FOR SALE
1/9
null | 5.75% Cap Rate

6324 E Greenway Rd
Scottsdale, AZ 85254
North Scottsdale


HIGHLIGHTS

  • Approximately 7+ Years Remaining | Annual Rental Increases | Established Tenant
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Bonus Depreciation
  • Scottsdale Quarter (2,000,000 SF) | Dense Retail Corridor |Strong National/Credit Tenant Presence | Nearby Schools
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access | Monument Sign
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes | Direct Consumer Base

OVERVIEW

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding Super Pumper investment property located in Scottsdale, Arizona. The tenant, Supermesa Fuel & Merc, LLC, Inc approximately 7+ years remaining on their current term with 2 (10-year) options to extend. The lease features annual rental increases, steadily growing NOI and hedging against inflation (see pg. 21 for details). The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$5,553,000 USD

PRICE/SF

$1,395 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super Pumper | 7+yrs Abs NNN w/ Annual Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

General Commercial

APN/PARCEL ID

215-38-001R

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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