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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
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
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