8646 E Frank Lloyd Wright Blvd - Service Station FOR SALE


Scottsdale, AZ 85260- North Scottsdale
$7,221,000 USD
480-221-4221
8646 E Frank Lloyd Wright Blvd, Scottsdale, AZ for Sale
$7,221,000 USD
Service Station - FOR SALE
1/6
null | 5.75% Cap Rate

8646 E Frank Lloyd Wright Blvd
Scottsdale, AZ 85260
North Scottsdale


HIGHLIGHTS

  • 7+ Years Remaining | Annual Rental Increases | Established Tenant
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Bonus Depreciation
  • The Promenade (569,000 SF) | Dense Retail Corridor | Large Nearby Apartments | Strong National/Credit Tenant Presence
  • Strategically Located Along Major Road (36,800 VPD) | State Hwy 101 (129,000+ VPD) | 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 has 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. 18 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

$7,221,000 USD

PRICE/SF

$991 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

1995

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

C-3

APN/PARCEL ID

215-51-001J

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.