2800 West Dunlap Avenue
Phoenix, AZ
Price:
$2,826,000
Cap Rate:
4.60%
NOI:
$130,000
Building Size:
Approx. 2,863 Sq. Ft.
Lot Size:
Approx. 0.66 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2019
Investment Overview
- 2019 Construction. 2,863+/- SF Building on .66+/- Acre Site
- New 20-Year NNN Lease w/ 8% Rent Bumps Every 5-Years’
- Located along West Dunlap Ave (22K VPD) & I-17 (75,800 VPD)
- Outparcel to Conn’s Anchored Center | Near Walmart, Chick-fil-A, SBUX
- Across Metrocenter Mall (1.4M S.F) & Multiple Schools w/ 3,915 total Students
- Densely Populated surrounded by Residential, Retail, Office, & Hospitality Activity
- 10-Miles North of downtown Phoenix (Quickest-Growing City in the United States)
- Major Employers: State of Arizona, Banner Health, Apollo Group, Inc | Intel Corp
- Phoenix – Mesa – Scottsdale (MSA) | Fifth in the Nation in Economic Growth