7424 W McDowell Rd - Convenience Store FOR SALE


Phoenix, AZ 85035- Maryvale
$1,732,000 USD
310-303-9870
7424 W McDowell Rd, Phoenix, AZ for Sale
$1,732,000 USD
Convenience Store - FOR SALE
1/7
null | 4.85% Cap Rate

7424 W McDowell Rd
Phoenix, AZ 85035
Maryvale


HIGHLIGHTS

  • LONG-TERM OPERATING HISTORY
  • ABSOLUTE TRIPLE NET (NNN) GROUND LEASE
  • EXCELLENT SITE-LEVEL VISIBILITY
  • STRONG CORPORATE GUARANTEE FROM CIRCLE K
  • STRATEGIC LOCATION
  • COURT-ORDERED SALE This is a court-ordered sale, which may affect the timing of the transaction. Please contact agent for details.

OVERVIEW

PRICING - $1,732,000 CAP RATE - 4.85% NOI - $84,000 LEASE EXPIRATION - 6/30/2027 GUARANTEE - CORPORATE

FOR SALE DETAILS

PRICE

$1,732,000 USD

PRICE/SF

$578 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Circle K | Phoenix, AZ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,506 SF

ZONING

PSC, Phoenix

APN/PARCEL ID

102-39-003K

ASK ABOUT THIS PROPERTY

310-303-9870

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310-303-9870

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