Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
10 Percent Rental Increases Every Five Years
69,574 Residents within a Five-Mile Radius in a Rapidly Growing Trade Area - Households and Population Projected to Increase 18%+ in Immediate Area by 2027
Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
Situated in Highly Accessible Dense Retail Corridor
Excellent Visibility Along S Watson Road with Over 57,200 Cars Per Day
Adjacent to National Big Box Retailers, Walmart Supercenter, Fry's, Walgreens, ALDI, and Lowe's and Surrounded by Planned Retail and Residential Development
Average Household Income Exceeds $95,000 within Immediate Proximity of Location
Situated in Immediate Proximity to I-10 (93,425 Cars/Day) via S Watson Road with Direct Connection to Downtown Phoenix within 30 Miles / 30 Minute Commute