San Tan Valley (Phoenix MSA), AZ 85140

Sherwin-Williams

Property Address

40767 North Ironwood Drive, San Tan Valley, AZ, USA

Offering Summary

  • Price: $3,600,000
  • Lot Size: .76 Acres
  • Year Built: 2023
  • Building SF: 4,281
  • Status: In Escrow
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  • Brand New 10-Year Corporate Lease with Sherwin-Williams (NASDAQ: SHW)
  • New High-Quality 2023 Construction
  • Rare 10 Percent Rental Increases Every Five Years
  • Located in a Newly-Developed Retail Corridor - Tenants Include LA Fitness, Safeway, Starbucks, Goodwill, Taco Bell, McDonald's, and Chipotle
  • Situated within a Rapidly Growing Trade Area - Population and Households are Projected to Increase Over 20 Percent within a Five-Mile Radius of the Subject Property by 2027
  • 106,873 Residents within a Five-Mile Radius - Phoenix MSA
  • Signalized Location Along East Ocotillo Road, Visible to 24,500 Cars per Day with Over 57,500 Cars per Day at the Corner of East Ocotillo Road and Ironwood Road
  • Across from a New 200-Unit Resort-Style 55+ Active Adult Community Under Construction and a New Multifamily and Single-Family Housing Community in Development
  • Average Household Income Exceeds $102,000 within a Five-Mile Radius

Broker Information