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Scottsdale, AZ 85260

U.S. Bank Ground Lease

Property Address

14900 North Pima Road, Scottsdale, AZ, USA

Offering Summary

  • Price: $5,760,000
  • Lot Size: 1.11 Acres
  • Cap Rate: 5.00%
  • Year Built: 2023
  • Building SF: 4,500
  • Status: Available
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  • Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty by U.S. Bank (NYSE: USB) - Investment Grade Credit (S&P: A+)
  • Scottsdale - High Barrier to Entry Market
  • Rare 15 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New High-Quality 2023 Construction
  • As of Q2 2023, U.S. Bancorp Operates 2,200+ Branches and has $681 Billion in Assets
  • Excellent Location in North Scottsdale Retail Corridor, Adjacent to 330 Brand New Luxury Apartment Units
  • Affluent Trade Area - Average Household Income Exceeds $158,000 within Three Miles
  • 166,341 Residents in a Five-Mile Radius - Dense Scottsdale Trade Area in the Phoenix MSA

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