9110 W Thomas Rd
Phoenix, AZ
Price:
$9,919,000
Cap Rate:
5.00%
NOI:
$495,922
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 1.26 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2025
Investment Overview
- Qualifies for 100% Bonus Depreciation
- 2025 Construction. 4,650+/- SF Building on 1.26+/- Acre Site
- Brand New 15-Year Absolute NNN Corporate Lease w/ 7.5% Rent Increases Every 5 Yrs. in Both Primary Term & (3) 5-Yr. Option Periods
- Adjacent to Algadon Development (1.3M+ SF on 94+ Acres) – Master-Planned, Mixed-Use Commercial Project
- Located at Thomas Rd (28,800+ VPD) and N 91st Ave (18,996+ VPD), Just Off Loop 101 (143,500+ VPD) & Just North of I-10 (188,300+ VPD)
- Across from Banner Estrella Medical Center (317 Beds) & Phoenix Children’s Ophthalmology (Ranked Among “Best Children’s Hospitals”)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with 85k+ Locations Worldwide
- Phoenix | Nation’s Most Populated Capital, 11th Largest Metro | Population: 1.72M+