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4-Tenant NNN leased Investment: LA Fitness, Office Max, Carter's & Styles For Less. 100% Leased. Long term leases. Ease of Management. Annual Rent Increases. New Financing Available / 9.5% C/c Return. Part of a Regional Center Co-Anchored by Target, Kohls, Ross, Petco, Bank of America & Restaurants. High Growth Population Area / 7.7% annual growth within 1-mile (2000 - 2013). Located on 2 separate parcels / LA Fitness one parcel, and Office Max, Styles for Less & Carter's on the other.
Lush Green Landscaping, Completely Renovated, Well Maintained, Overall Quality Is Excellent With No Deferred Maintenance, Individually Metered, Uncovered Street Parking Plus, Additional Storage Unit and Living Quarters in Back Area. Purchase is subject to current lease.
We are pleased to have been selected as the exclusive advisors for the sale of the shops at Arrowhead Gateway, located north of the northwest corner of 75th Avenue and Bell Road in Glendale, Arizona. The retail PAD is 100% leased to Wildflower Bread Company and Orangetheory Fitness. The subject property is located within a heavily populated, affluent retail corridor, and is contiguous to one of the highest volume (per square foot) mall in the state of Arizona. Arrowhead Towne Center Mall is a ±1.2 million square feet enclosed regional mall. This offering presents an investor with an excellent opportunity to acquire a 100% leased retail property with strong tenants, in a highly sought-after location.
Neighborhood Retail Center built in 2008. Great Visibility and High traffic count. Entrance to the shopping center is share with Auto Zone. Convenient Store on the ease side of complex has a steady flow of customers. Other tenants include, Water & Ice (w/Thrifty Ice Cream), Cricket, A-1 Pizza and Wings. Great potential location for hair salon, rent to own center, laundry mat, restaurant, Insurance office, and tax services.
See attached Offering Memo
** Chevron Branded, High Volume Convenience Store with Car Wash ** PROPERTY DESCRIPTION: + C-Store Size: 3,533 +/- SF + Car Wash Tunnel Size: 1,476 +/- SF + Canopy Size: 2,500 +/- SF + Total Building Size: 5,009 +/- SF + Built in 1998 and is well maintained
GROSS INCOME: $950,000 EBITDA: $250,000 YEAR ESTABLISHED: 1998 PROPERTY DESCRIPTION: Profitable Full Service Car Wash & Quick Lube Building Sizes: Car Wash = 2,726 +/- SF & Lube = 5,994 +/-SF Lot Size = 0.97 Acres
The property is approximately 22,280 square feet, has quality construction and is well maintained. The roof was replaced in 2012, and includes a 5-year warranty. Additionally, the parking lot was repaved that same year, adding to the aesthetic appeal of the property. The building is 100% occupied to 12 excellent neighborhood retail and service tenants.
Drive Thru! Convenience Store and with #10 Beer and Wine License. Walk in cooler. Very clean and stocked. Fountain Drinks, Grocery and tobacco products and Accessories. Many years in business. Buyer may offer a large variety of services. Lots of potential. Good Lease.
Gas Station with Convenience store. #10 Beer and Wine License. Located on a major intersection in Glendale Arizona. Minutes to Downtown Glendale. On major artery to and from Phoenix. Unbranded. Low Overhead. Good Lease. Income producing with strong sales.