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Phoenix, AZ 85032

Trevor's - 10 Yr Abs NNN Lease

Property Address

12820 North Tatum Boulevard, Phoenix, AZ, USA

Offering Summary

  • Price: $6,737,000
  • Lot Size: 1.63
  • Cap Rate: 5.50%
  • Year Built: 2024
  • Building SF: 13,700
  • Status: Available
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  • 10 Year Absolute NNN Lease - 2.5% Annual Increases Starting in Year 6
  • Priced below replacement cost - Below market rent
  • Average Household Income Exceeds $130,000 within a 5-Mile Radius
  • Tenant has completed extensive buildout - interior includes restaurant, cigar bar, golf simulator bays, full liquor store, and more
  • Legacy Real Estate - A part of the 92-acre mixed use PV Mall Redevelopment Plan

Broker Information

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