Phoenix, AZ 85022

Cycle Gear

Property Address

13220 North Cave Creek Road, Phoenix, AZ, USA

Offering Summary

  • Price: $2,459,000
  • Lot Size: .69 Acres
  • Cap Rate: 5.50%
  • Year Built: 1968
  • Building SF: 8,025
  • Status: Available
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  • New Absolute Triple-Net (NNN) Lease with 14+ Years Remaining
  • 10 Percent Rental Increases Every Five Years
  • 334,254 Residents within a Five-Mile Radius - Dense North Phoenix Trade Area
  • Excellent Access and Visibility Along North Cave Creek Road (32,000+ Cars/Day)
  • Lease Guaranteed by Comoto Holdings, Inc. - America's Largest Powersports Aftermarket Retailer
  • Two Miles Off Piestewa Freeway (SR 51), a Major Connector Providing Direct Access to the I-10 and Loop 101 Freeways
  • Average Household Income Exceeds $102,000 within the Immediate Area
  • Several National Retailers Located within One Mile - The Home Depot, Harley- Davidson, AutoZone Auto Parts, Taco Bell, Denny's, and More

Broker Information