Phoenix, AZ 85041

AutoZone Ground Lease

Property Address

6155 South 35th Avenue, Phoenix, AZ, USA

Offering Summary

  • Price: $1,250,000
  • Lot Size: .72 Acres
  • Cap Rate: 4.0%
  • Year Built: 2019
  • Building SF: 6,900
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Corporate Ground Lease with 19+ Years Remaining
  • 10% Rental Increases Every 5 Years
  • 197,291 Residents within a 5-Mile Radius - Infill Phoenix
  • Trade Area Experiencing Tremendous Growth - Households Projected to Increase 30%+ within a 3-Mile Radius by 2023
  • Visible to 47,350+ Cars/Day at the Nearby Intersection of West Southern Avenue and South 35th Avenue
  • Directly Across from Walmart Supercenter
  • Surrounded by Major National Retailers - Goodwill, Planet Fitness, Walmart Supercenter, Taco Bell, Jack in the Box, Dollar Tree, and More
  • Average Household Income Exceeds $73K within a 3-Mile Radius
  • Conveniently Situated Minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport

Broker Information