Phoenix, AZ 85017

Cash America (SuperPawn)

Property Address

3460 Grand Avenue, Phoenix, AZ, USA

Offering Summary

  • Price: $2,126,000
  • Lot Size: .67 Acres
  • Cap Rate: 8.0%
  • Year Built: 1940
  • Building SF: 11,000
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with 4.5 Years Remaining and a Corporate Guaranty by Cash America, Inc. of Nevada
  • 10% Rental Increases Every 5 Years
  • 503,498 Residents within a 5-Mile Radius - Infill Phoenix
  • Property Includes an Oversized Clear Channel (NYSE: CCO) Billboard with 14.5 Years Remaining on Lease Term and 3% Annual Rental Increases
  • Hard Corner Location at a 6-Way Intersection - Highly Visible to 127,580+ Cars/Day at the Intersection of Grand Avenue, Indian School Road, and 35th Avenue
  • Down the Road from Grand Canyon University (22,000 Students)
  • Strong Daytime Population - 603,379 Employees in 5-Mile Radius
  • Close Proximity to Downtown Phoenix (5 Miles) and Phoenix Sky Harbor International Airport (10 Miles)

Broker Information