Listing Summary
This property offers a brand new 15-year Absolute NNN lease with 10% rental increases every 5 years, making it an attractive, hands-off investment.
Full Description
This property offers a brand new 15-year Absolute NNN lease with 10% rental increases every 5 years, making it an attractive, hands-off investment. Located in Goodyear, AZ, the property enjoys prime street frontage on McDowell Road near I-10, with nearly 215,000 vehicles passing daily.
Positioned within a thriving retail hub featuring over 1 million square feet of retail space, including major anchors like Hobby Lobby, TJ Maxx, and Harkins Theatres, this property is at the heart of a high-growth area. Goodyear is one of the fastest-growing cities in the U.S., with dense demographics of over 163,578 residents within 5 miles and an average household income exceeding $100,000.
The freestanding drive-thru prototype, set for completion in early 2024, will house Roll Em Up Taquitos, a rapidly expanding Mexican QSR brand with significant growth potential. The property also benefits from a signalized corner location near the City of Goodyear’s new Civic Square development, further enhancing its strategic value.
Quick Glance
- Listing ID:
CL-Arizona-11680
- Status:
Active
- Year Build:
2024
- Building Size:
2,325 SqFt
- Lot Size:
2,325.00 Acre