INVESTMENT HIGHLIGHTS
• LOCATION AND GROWTH POTENTIAL: Situated on a strategic corner that witnesses daily traffic of just under 33,000 VPD per day.
• Double Digit Cap Rate in next 2 years.
• ZERO LANDLORD RESPONSIBILITY: The property is an Absolute NNN .
• CORPORATE LEASE: The Lease is signed by Learning Care Group, Inc (Parent Company).
• ANNUAL INCREASES: 1.75%
• PHOENIX RETAIL GROWTH: The Valley recorded 1.4 million SF of net absorption over the past 12 months, ranking Phoenix as one of the nation’s top 10 strongest demand markets.
• STRONG DEMOGRAPHICS IN 1 MILE RADIUS: $162,000 average household income in a 1-mile radius.
• STRONG RETAIL SYNERGY: Located down the road from major retailers/drivers of foot traffic including (Safeway, Fry’s, McDonald’s, Walgreens, Circle K, O’ Reilly Auto Parts).
Broker of Record
- Simon Assaf
- License No. CO701910000
- (866) 899-0550
- Matthews Real Estate Investment Services, Inc.
- 4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251