Perry Ln Tempe, AZ 85281
Prime Tempe Hotel, NNN Lease, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Ground lease for a brand-new, 99-year Marriott flag hotel.
- Prime location near Arizona State University, Tempe Marketplace, and the Chicago Cubs spring training facility.
- Exceptional location on Rio Salado Parkway, easily accessible from Loop 101 and Loop 202.
- Absolute NNN lease; zero landlord responsibilities, ideal for 1031 exchange.
- Part of a larger mixed-use development with six freestanding retail buildings.
- 2.66-acre lot, four-story hotel with 148 rooms and approximately 81,357 square feet.
Property Details for 0 Perry Ln
- Property type
- Retail properties, Freestanding property
- Square Feet
- 81,357 SF
- Stories
- 4
- Lot Size (sq. ft)
- 115,870 SF
Location Insight
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.429184
- Longitude
- -111.9047344
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime Tempe Hotel, NNN Lease, High ROI
- Where is the retail property located?
- The property is located at Perry Ln Tempe, AZ.
- What is the asking price?
- The asking price for this property is $7,500,000.
- What are key features of this property?
- This property features: Ground lease for a brand-new, 99-year Marriott flag hotel.; Prime location near Arizona State University, Tempe Marketplace, and the Chicago Cubs spring training facility.; Exceptional location on Rio Salado Parkway, easily accessible from Loop 101 and Loop 202.
- How can I contact the broker?
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