Phoenix, AZ 85339

Safeway

Property Address

5035 W Baseline Rd, Phoenix, AZ, USA

Offering Summary

  • Price: $10,285,000
  • Lot Size: 6.27 Acres
  • Cap Rate: 5.0%
  • Year Built: 2008
  • Building SF: 55,259
  • Status: In Escrow
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  • New 20-Year Absolute NNN Lease
  • Corporate Guaranty by Albertsons Companies LLC
  • Infill Phoenix – 117,200 Residents in Trade Area
  • Located in Laveen Ranch Marketplace – Home to 7 Retail, Restaurant, and Service Oriented Tenants
  • Hard Corner Location Visible to 45,000 Cars per Day Along S 51st Ave & W Baseline Rd
  • Adjacent to Dignity Health Arizona General Hospital
  • 20 Minutes from Grand Canyon University (75,200+ Enrolled)
  • Average Household Income Exceeds $83K in 1-Mile Radius
  • More Than 88,900 Daytime Employees in Trade Area
  • Trade Area Experiencing Tremendous Growth
  • 10 Miles Southwest of Downtown Phoenix

Broker Information