Dunkin'

2,006 SF | 100% Leased | Retail Building | Phoenix, AZ 85029 | $1,789,000 ($892/SF) | 4.75% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,789,000

Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Square Feet
2,006 SF
Price / Square Foot
$892

Listing Contacts

Alec Miller
Alec Miller
Verified Profile
Peter LeBlanc
Peter LeBlanc
Verified Profile
  • Property Info

Property Overview

Long Term Ground Lease in Place

Property Details

Class
C
Year Built
2024
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
100,624 SF

Highlights

  • EXCELLENT PROPERTY VISIBILITY: Subject property features direct frontage on W Peoria Ave (+48,000 VPD)
  • STRONG RETAIL SYNERGY: Located in a retail infill corridor, nearby tenants include Chick-fil-A, Starbucks, Ross Stores, PetSmart, Burlington and more
  • OUTSTANDING DEMOGRAPHICS: The site sits in the middle of a dense populous area with over 450,000 residents in a 5-mile radius
  • MASSIVE NEW DEVELOPMENT: Seconds away from the $1 billion redevelopment of Metrocenter Mall

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