SEC Jackrabbit Trl & Indian School Rd - Freestanding FOR SALE


Buckeye, AZ 85396
$2,140,000 USD
480-221-4221
SEC Jackrabbit Trl & Indian School Rd, Buckeye, AZ for Sale
$2,140,000 USD
Freestanding - FOR SALE
1/9
null | 5.61% Cap Rate

SEC Jackrabbit Trl & Indian School Rd
Buckeye, AZ 85396


HIGHLIGHTS

  • Over 9 Years Remaining | Investment Grade Tenant (S&P: BBB) | Scheduled Rental Increases
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Jackrabbit Ranch (75,000 SF) |Village Grove at Verrado (170,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, Dollar Tree investment property located in Litchfield Park, Arizona (Phoenix MSA). The tenant, Dollar Tree Stores, Inc., has over 9 years remaining on their current lease term with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 10% rental increase at the beginning of each option period, growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,140,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree | 9+yrs Remain Corp NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

9.43 AC

LAND SF

410,771 SF

ZONING

C

APN/PARCEL ID

502-63-019D

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.