Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
10 Percent Rental Increases Every Five Years
159,437 Residents within a Five-Mile Radius in a Rapidly Growing Trade Area - Households and Population Projected to Increase 18 – 20% 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 North Estrella Parkway with Over 32,000 Cars Per Day
Close Proximity to National Big Box Retailers, Walmart Supercenter, Safeway, Walgreens, ALDI, TJ Maxx, HomeGoods, Old Navy, Staples, and Many More
Average Household Income Exceeds $102,000 within Three Miles of Location
Situated in Immediate Proximity to I-10 (137,100+ Cars/Day) via S Watson Road with Direct Connection to Downtown Phoenix within 21 Miles