South of SEC of Ironwood and Pima Rd - Freestanding FOR SALE


San Tan Valley, AZ 85140
$8,708,000 USD
415-231-5231
South of SEC of Ironwood and Pima Rd, San Tan Valley, AZ for Sale
$8,708,000 USD
Freestanding - FOR SALE
1/8
null | 5.75% Cap Rate

South of SEC of Ironwood and Pima Rd
San Tan Valley, AZ 85140


HIGHLIGHTS

  • Brand New Construction & Leases | 100% Occupied | Freestanding Pad with Drive-Through Access | NNN Leases | Scheduled Rental Increases
  • Master-Planned Communities | Nearby Flourishing Commercials
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The property is newly built and looking at complete construction in 2024, featuring state-of-the-art, brand new construction with modern amenities and design • 100% occupied, generating steady cash flow for a new owner • Dutch Bros is on its own pad with drive-through access • All tenants operate under NNN Leases, limiting expense leakage for future investors. Ideal low-management for a passive investor • All leases have scheduled rent increases throughout the initial term and the option period, 57% of rental revenue features RARE ANNUAL INCREASES, steadily growing NOI and hedging against inflation Subway (Limited corporate guaranty, franchisee Guaranty Dominos (Corporate guaranty) Yogi’s (Franchisee Guaranty) Dutch (Corporate Guaranty) Filibertos (Franchisee Guaranty) Pink Nails (Franchise Guaranty)

FOR SALE DETAILS

PRICE

$8,708,000 USD

PRICE/SF

$967 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ironwood & Pima Center | Newly Built

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

104

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

C-3

APN/PARCEL ID

104-24-003W

ASK ABOUT THIS PROPERTY

Jeff GatesSRS Real Estate PartnersMore Info
415-231-5231

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Jeff GatesSRS Real Estate PartnersMore Info
415-231-5231

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