San Tan Valley, AZ - Ironwood & Pima Center

Description:

• The property is newly built and looking at complete construction in 2024, featuring state-of-the-art, brand new construction with modern amenities and design
• 100% occupied, generating steady cash flow for a new owner
• Dutch Bros is on its own pad with drive-through access
• All tenants operate under NNN Leases, limiting expense leakage for future investors. Ideal low-management for a passive investor
• All leases have scheduled rent increases throughout the initial term and the option period, 57% of rental revenue features RARE ANNUAL INCREASES, steadily growing NOI and hedging against inflation

• Adjacent to the multiple growing communities, including Ironwood Crossing, Taylor Ranch, one of the top growing communities in the Phoenix MSA
• Less than one mile north of the Ironwood Shopping Center and Ocotillo Trails Marketplace anchored by Safeway, and LA Fitness
• Other nearby national/credit tenants include Costco, Sprouts, Target, Walmart, Petco, and more
• Strong tenant synergy promotes crossover shopping to the subject property