13860 W Camelback Rd
Litchfield Park, AZ
Price:
$2527000
Cap Rate:
4.75%
NOI:
$120,000
Building Size:
Approx. 2867 Sq. Ft.
Lot Size:
Approx. 1.05 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2016
Investment Overview
- New Construction | 2,867 SF building on 1.17+ acres
- 20-Yr Absolute NNN Lease, w/ 8% Rent Bumps Every 5-Yrs
- Located at the intersection of Litchfield Rd (28,000 VPD) & W Camelback Rd (19,000 VPD)
- Outparcel to future Fry’s Marketplace | Near Chase, Wells Fargo, Starbucks, McDonalds
- Attractions: Westgate ENT District | Park West Mall (250,000 SF) | University of Phoenix Stadium
- Litchfield is located 20-Miles NW of Phoenix | 3-Miles S of Luke Air Force Base (100k personnel)
- 5-Mile 2015 Estimated Population: 135,032 | 3-Mile Average Household Income: $67,356
- Phoenix – Mesa – Glendale (MSA): 12th Largest MSA in the US | Population: 4,489,109