Phoenix, AZ 85048

Shops at Kohl's

Property Address

4645 East Chandler Boulevard, Phoenix, AZ, USA

Offering Summary

  • Price: $4,103,898
  • Lot Size: 1.11 Acres
  • Cap Rate: 6.13%
  • Year Built: 2003
  • Building SF: 11,395
  • Status: In Escrow
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  • 100 Percent Leased to a Diverse Tenant Profile
  • All Triple-Net (NNN) Leases with Three Percent Annual Rent Increases
  • 75 Percent of Building Rent Falls Below Market Rent
  • Situated at a Dense Retail Intersection, Anchored by Kohl’s and LA Fitness - Other Retailers Include CVS, Wendy’s, Starbucks, Del Taco, and Discount Tire
  • 154,205 Residents within Phoenix’s Growing Ahwatukee Foothills Neighborhood - Rated #1 Best Neighborhood to Live in Phoenix by Niche, 2022
  • Average Household Income Exceeds $125,000 within a Three-Mile Radius
  • Located a Half Mile Off the I-10 and Less Than Two Miles Off the Loop 202 Freeway, Two Major Connectors for the Phoenix Area
  • Close Proximity to Ahwatukee Foothills Towne Center, Chandler Pavilions, and The Shoppes at Casa Paloma
  • Excellent Visibility Along Chandler Boulevard with a Combined 68,800+ Cars/Day at the Corner of Chandler Boulevard and 48th Street
  • Strong Daytime Population - 213,444 Employees within a Five-Mile Radius

Broker Information