Single Tenant Triple Net Lease with 20 year term (2% annual rental increases starting year 6)
Market Price
4716 E Ray Rd, Phoenix, AZ 85044
5.75
Cap Rate
209,100
NOI
Details:
Highlights:
- Outparcel to the 705,696 sqft Ahwatukee Foothills Towne Center
- Center anchor tenants include Target, Hobby Lobby, and Big 5 Sporting Goods
- Just 13 minutes from Superstition Fwy 60
- Minutes away from the Phoenix Premium Outlets
- Corporate backed ground lease
- Not based on July 2026 Rent
- 15 years remaining on lease
- 2% annual rent increases (20 year NNN LEASE)
Description:
Single Tenant Triple Net Lease asset for sale at 4716 E Ray Rd Phoenix, AZ 85044. Built in 2021, Salad and Go is in the Ahwatukee
Foothills Submarket, and has prime frontage on E Ray Rd., at the Ahwatukee Foothills Towne Center. This 705,696 square foot retail center is one of the marquee shopping centers in the Phoenix area. Salad and Go is neighbored by well developed residential and
co-tenant retail to include: Hobby Lobby, KNEADERS Bakery & Cafe, El Pollo Loco, BIG 5 Sporting Goods, AT&T, Target, SUPERCUTS, and Teriyaki Madness. With 113 locations across 4 States, Salad and Go specializes in salads, wraps, and breakfast.
located on E Ray Rd., at the Ahwatukee Foothills Towne Center.
Documents:
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| Brochure__L_.pdf |
Location
