8255 E. Raintree Dr, Suite 100 - Scottsdale, AZ 85260
info@retail1031.com
call us: 480-429-4580
Sonic | Avondale, AZsale

Sonic | Avondale, AZ

, For Sale.
$1,478,000

Investment Highlights

  • High 5 Mile Population of 179,000+ People

  • 28 Unit Guarantee

  • Long Term Absolute NNN Lease

  • Seasoned Location

  • Excellent Rent to Sales Ratio – Ask Broker

  • Recent Street Face Lift on Central Avenue

  • ±1.5 Miles from Highway 10 with 167,300+ VPD

Investment Summary

CAP Rate: 5.50%
Lessee: SW Karma, LLC
Building Size: ±1,264 Square Feet
Land Area: ±21,475 Square Feet
Lease Expiration: April 30, 2034
Lease Options: 4 x 5 Year Options
NOI: $84,939
Lease Type: Absolute NNN
Guarantee: SW Karma, LLC
Increases: 8.5% Every 5 Years

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More Information

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