2649 Indian School Rd Phoenix, AZ 85017
NNN Lease, 18 Years Remaining, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Absolute NNN lease; no landlord responsibilities.
- Long-term lease with approximately 18 years remaining.
- Qualifies for accelerated depreciation; rental increases every 5 years.
- Strong franchisee operator with over 16 years in business, $29.25M+ net worth personal guaranty, and $87M+ gross annual revenue across 17 locations; high unit sales.
- Excellent location adjacent to I-17 Freeway (approx. 220,585 VPD) and a high-traffic intersection (99,000+ VPD).
- Close proximity to Grand Canyon University (approx. 1.5 miles, 25,000 students).
Property Details for 2649 Indian School Rd
- Property type
- Retail properties, Gas stations
- Square Feet
- 2,895 SF
- Year Built
- 2000
- Lot Size (sq. ft)
- 33,977 SF
Location Insight
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.4945431
- Longitude
- -112.1166414
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - NNN Lease, 18 Years Remaining, High NOI
- Where is the retail property located?
- The property is located at 2649 Indian School Rd Phoenix, AZ.
- What is the asking price?
- The asking price for this property is $2,571,428.
- What are key features of this property?
- This property features: Absolute NNN lease; no landlord responsibilities.; Long-term lease with approximately 18 years remaining.; Qualifies for accelerated depreciation; rental increases every 5 years.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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