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Published on: Tuesday, September 3, 2024
Updated on: Tuesday, September 3, 2024
About the Lister
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Name: Tim Westfall
Company: Echo West Capital Advisors
Office Phone: 602.628.6298
Cell Phone: 602.628.6298
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  Salsitas

4101 N 67th Ave Phoenix Arizona , 85033
4101 N 67th Ave Phoenix Arizona , 85033  Echo West Capital Advisors
Listing ID: CL-Arizona-11672 Restaurant /Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.25
Net Operating Income: $111,650.00
Quick Glance
Listing ID: CL-Arizona-11672
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2022
Building Size: 2,789.00 SqFt
Lot Size: 2,789.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Salsitas Phoenix AZ Final OM.pdf ( 8,563.49KB)
Listing Summary
This property offers a hands-off investment with an Absolute NNN lease, requiring no landlord responsibilities. The lease includes favorable 3% annual rent increases starting in 2026, providing higher yields over time.
Complete Details
Year Build: 2022
Building Size: 2,789 SqFt.
No of Stories: 1
Total Lot Area: 2789 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
This property offers a hands-off investment with an Absolute NNN lease, requiring no landlord responsibilities. The lease includes favorable 3% annual rent increases starting in 2026, providing higher yields over time. Situated at a prime hard-corner location in Phoenix, the property benefits from over 90,000 vehicles passing by daily. It's surrounded by major retailers like a top-performing Walmart Supercenter, Dollar Tree, and Fry’s Marketplace, driving consistent traffic. Located in a densely populated area with nearly 437,000 residents within a 5-mile radius, the property is positioned in one of the fastest-growing counties in the U.S. The rent is also below market, making this an attractive investment with a low entry price point in a high-demand area.
Additional Properties
Property Tenants
  • Single
  • Lease Type Absolute NNN
  • Brand/Tenant Salsitas
Property Highlights
  • zero landlord responsibilities making this an ideal, hands-off investment for any prospective owner.
  • Offering features 3% annual rent increases starting in 2026 allowing the investor to achieve stronger yields due to above market increases.
  • Salsitas is surrounded by a long list of major, high-traffic retailers including a top 10% performing Wal-Mart Supercenter in the U.S., Dollar Tree, El Super, Ace Hardware, Fry’s, and Ross Dress for Less to name a few.
Listing Location
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