![IMG_4802 IMG_4802](https://info.simoncre.com/hs-fs/hubfs/IMG_4802.jpg?width=2000&height=1333&name=IMG_4802.jpg)
PROPERTY DETAILS
Price |
$5,616,000 |
CAP |
6.75% |
LEASE TERM |
15 Years |
LEASE TYPE |
Absolute NNN |
Building Size |
±9,029 SF |
PROPERTY HIGHLIGHTS
EXCELLENT SITE VISIBILITYLocated less than 1 mile off Loop-303 at the signalized intersection of Cotton Lane and Greenway Road, two major-arterial roads seeing ±35,100 VPD (Source: 2024 SitesUSA). TENENT-SUITED FAMILY DEMOGRAPHICSWith a population of nearly 133,000 residents in a 5-mile radius and an average household income of over $105,000, this location is well suited for a childcare tenant to see long-term success (Source: ArcGIS). |
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HIGH PERFORMING RETAIL CENTERAdjacent Fry’s Marketplace, Goodwill, and Little Caesars all rank in the top 10% for visits in Arizona and the numerous other national tenants contribute to a strong retail corridor (Source: Placer.ai). DEVELOPMENT DENSE AREAProminent developments in the area promise to bring retail, including Village at Prasada (±110 acres) less than 2 miles away, industrial, and over 35,000 units for both multi family and single family homes in the coming years. |
CONTACT
Alec Miller
Acquisitions & Dispositions Manager
D: 480.745.2460 | M: 480.531.0369
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Peter LeBlanc
Acquisitions & Dispositions Associate
D: 480.750.8922 | M: 928.284.8404
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