For Sale
$8,708,000

San Tan Valley, AZ 85140

High-Yield, 100% Occupied Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional retail investment opportunity presents a brand-new, 9,002 square-foot freestanding building situated on a 2.63-acre lot in the rapidly growing San Tan Valley, Arizona. Completed in 2024, the property boasts 100% occupancy with a diverse tenant mix including Dutch Bros. Coffee, Subway, and Domino's Pizza, all operating under NNN leases with scheduled rental increases. The center features convenient drive-through access and ample parking with 104 spaces. The property is zoned C-3: General Commercial and offers a strong net operating income (NOI) of $500,730, resulting in a compelling 5.75% cap rate. The asking price is $8,708,000, translating to $967.34 per square foot. Located south of the southeast corner of Ironwood and Pima Roads (APN 104-24-003W), this fee-simple ownership (land and building) benefits from its position within master-planned communities and a thriving commercial area, supported by strong demographics within a 5-mile radius. The property's exceptional location, strong tenant lineup, and impressive financial performance make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-performing, newly constructed retail center in a prime location with significant growth potential.

Highlights

  • Brand new, 9,002 SF freestanding retail building on a 2.63-acre lot in San Tan Valley, AZ. 100% occupied with NNN leases, scheduled rent increases.
  • Located in master-planned communities with nearby thriving commercial areas.
  • Strong demographics within a 5-mile radius.

Property Details

Property type
Retail properties, Restaurants
Square Feet
9,002 SF
Year Built
2024
Lot Size (sq. ft)
114,563 SF

Location Insight

City
San Tan Valley
County
Pinal
State
Arizona
Latitude
33.2634778
Longitude
-111.5634299

FAQs

What type of property is this?
Retail property - High-Yield, 100% Occupied Retail Investment
Where is the retail property located?
The property is located at San Tan Valley, AZ.
What is the asking price?
The asking price for this property is $8,708,000.
What are key features of this property?
This property features: Brand new, 9,002 SF freestanding retail building on a 2.63-acre lot in San Tan Valley, AZ. 100% occupied with NNN leases, scheduled rent increases.; Located in master-planned communities with nearby thriving commercial areas.; Strong demographics within a 5-mile radius.
How can I contact the broker?
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