Absolute Triple-Net (NNN) Ground Lease with Experienced 55+ Unit Arizona Franchisee
10 Percent Rental Increases Every Five Years with Multiple Renewal Options
69,077 Residents within a Five-Mile Radius in a Rapidly Growing Trade Area - Households and Population Projected to Increase More Than 17 Percent in the Surrounding Area by 2027
Situated in Highly Accessible Dense Retail Corridor Adjacent to National Big Box Retailers (Walmart, Fry's Food & Drug, Walgreens, ALDI, Lowe's, etc.) and Surrounded by Planned Retail and Residential Development
Excellent Frontage Along South Watson Road with Over 60,260 Cars per Day
Average Household Income Exceeds $95,000 within Three Miles of the Subject Property
Immediate Proximity to the I-10 Freeway (93,400 Cars per Day) via South Watson Road with Direct Connection to Downtown Phoenix within 30 Miles / 30 Minute Commute