Phoenix, AZ 85042

Mountain Park Plaza

Property Address

524 East Baseline Road, Phoenix, AZ, USA

Offering Summary

  • Price: $2,051,800
  • Lot Size: .78 Acres
  • Cap Rate: 6.50%
  • Year Built: 1996
  • Building SF: 6,025
  • Status: In Escrow
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  • 100 Percent Leased with Triple-Net (NNN) Leases
  • Kidz Connextion Dentistry has Three Percent Annual Rental Increases
  • 191,792 Residents within a Five-Mile Radius - Densely Populated and Growing Trade Area Just South of Downtown Phoenix
  • Excellent Visibility and Access Along East Baseline Road, One of the Phoenix MSA’s Busiest Thoroughfares (46,500+ Cars/Day)
  • Shadow Anchored by Fry’s Food & Drug
  • Situated in a Dense Retail Corridor - Notable Tenants Include Planet Fitness, Dollar Tree, Burger King, Taco Bell, and Sonic Drive-In
  • Down the Road from Legacy Village Shopping Center and South Mountain Community College (5,500+ Students)
  • Average Household Income Exceeds $80,000 within a Five-Mile Radius
  • Located within a 15-Minute Drive of Three Major Freeway Systems: Interstate 10, Interstate 17, and Loop 202

Broker Information