Multi-Tenant Shops | Phoenix MSA | 2023 New Construction

6911 n 75th ave, Glendale, AZ

$5,160,000

Price

6%

Cap Rate

$309,622

NOI

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Map
Overview
Cap Rate
6%
NOI
$309,622
Building Size
8,400 sqft
Lot Area
1.38 sqft
Occupancy
100%
Lease Type
Triple Net
Year Built
2023
Tenancy
Multiple
Highlights
  • REPLACEABLE RENT: Below market rents allow for great long-term investment and re-leasing opportunity at the end of the term.
  • EXCELLENT VISIBILITY: Features direct frontage on the signalized hard corner of 75th and Glendale Ave and offers excellent ingress and egress.
  • ROBUST DEMOGRAPHICS: The site sits in the middle of a dense populous area with over 450,00 residents in a 5-mile radius with an average household income of over $88,000.
  • WESTGATE ENTERTAINMENT DISTRICT: Home of the Arizona Cardinals, Westgate brings in immense traffic to the area. Some of the main attractions are Top Golf, Tanger Outlets, Gila River Arena, Cabela’s, and many others.
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