7723 W Thomas Rd - Bank FOR SALE
Phoenix, AZ 85033 |
7723 W Thomas Rd
Phoenix, AZ 85033
HIGHLIGHTS
- 6 Years Remaining on Absolute Triple-Net (NNN) Ground Lease - $200M+ in Deposits
- Rent Increases Occurring Every 5 Years - Only One Renewal Option Remaining
- Highly-Populated Phoenix Trade Area - 409,907 Residents within a 5-Mile Radius
- Subject Property is Ranked #1 Out of 98 Bank of America Locations in Arizona (Placer.ai)
- Outparcel to Desert Sky Mall, a Regional Shopping Mall with ±130 Stores
- Situated Near the Corner of Thomas Road and North 75th Avenue, Accessible by ±93,800 Cars per Day
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Bank of America Ground Lease - Low Rent
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
4240
STORIES
1
YEAR BUILT
1982
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
102-38-001L
