
PROPERTY DETAILS
Price |
$2,700,000 |
CAP |
5.00% |
LEASE TERM |
15 Years |
LEASE TYPE |
Ground Lease |
LOT Size |
±0.51 AC |
PROPERTY HIGHLIGHTS
SUPERIOR PROPERTY VISIBILITYSubject property features direct frontage on Elliot Rd, seeing ±52,000 VPD, and is less than one mile from the I-10, one of Phoenix’s main thoroughfares (Sites USA 2025). DENSE RESIDENTIAL AREASubject property is minutes away from over 272,000 residents, bringing in an impressive $129,088 average household income all within a 5-mile radius (Sites USA 2025). |
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PRIMARY RETAIL INFILL CORRIDORThe site is located in a Costco outparcel and is surrounded by a host of national retailers including Walmart, The Dump, Ikea, Life Time Fitness, PetSmart, Taco Bell, At Home, Staples, Dollar Tree and a host of others. NEAR MAJOR NEW DEVELOPMENTLocated just 5 miles north of Intel’s rapidly expanding Ocotillo Campus, a $20 billion chip manufacturing facility. |
CONTACT
Alec Miller
Acquisitions & Dispositions Manager
D: 480.745.2460 | M: 480.531.0369
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Peter LeBlanc
Senior Acquisitions & Dispositions Associate
D: 480.750.8922 | M: 928.284.8404
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