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Phoenix, AZ 85007

Circle K

Property Address

702 W McDowell Rd, Phoenix, AZ, USA

Offering Summary

  • Price: $2,927,000
  • Lot Size: .413 Acres
  • Cap Rate: 5.25%
  • Year Built: 1987
  • Building SF: 2,680
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease - Tenant Recently Exercised a Three-Year Extension, Showing Commitment to the Site
  • 5% Increases Every 5 Years in the Initial Four, Five-Year Renewal Options
  • Long Term Operating History – Tenant has Occupied the Site Since 2008
  • 405,708 Residents within a Five-Mile Radius - Rare Infill Near Downtown Phoenix
  • Hard Corner Location, Easily Accessible by Roughly 90,000 Cars Per Day from McDowell Road & N 7th Avenue

Broker Information

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