Land For Sale • 0.69 AC
NNN Investment with corporate guarantee. Lease originated April 20, 2021 with primary term of 10 years and four (4) x five (5)-year options. Current rent is $10,000/month through 5/26. Rend adjusts in May 2026 to $11,500/month, then per the following schedule: LY11: $13,225/mo. | LY16: $15,209/mo. | LY21: $17,490/mo. | LY26: $20,114/mo. Being offered at a 8.24% Cap Rate.
| Absolute NNN Investment |
| Corporate Guarantee |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Phoenix-Mesa Gateway | 19 min | - | 12.1 mi |
| Phoenix Sky Harbor International | 35 min | - | 26.7 mi |