19395 West Indian School Road
Litchfield Park, AZ
Price:
$3,733,000
Cap Rate:
3.75%
NOI:
$140,000
Building Size:
Approx. 2,760 Sq. Ft.
Lot Size:
Approx. 0.85 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 2,760+/- SF Building on 0.85+/- Acre Site
- Brand New Construction Sale Lease-Back with Stine Enterprises
- 20 Yr Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Options
- Property Features a Drive Thru Lane and is Located Within Jackrabbit Ranch Marketplace
- Strong Income Demos w/ an est. $97,567 within a 3-Mile Radius
- Near Target, Walmart Super Center, Aldi, Burlington, Best Buy, Big Lots!, etc.
- Litchfield Park | Suburb of Phoenix | 3.9% Annual Population Growth Rate