This Retail Property is Off-Market.

10443 N. 32nd St.

Phoenix, AZ 85028 · Retail For Sale

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Buckeye Checksmart

Price N/A Occupancy 100%
Building Size 2,265 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Year Built 1977
Property Use Type Investment Lot Size 27,792 SF
Cap Rate 7.25% APN / Parcel ID 165-02-061
Listing ID: 14451089 Date Created: 01/02/2006 Last Updated: 03/01/2006

Description

The building is leased to Buckeye Check Cashing of Arizona Inc. They have just exercised their option to renew for another 5 year term commencing 7/01/2006 and running through 6/30/2011 with another 5 year option at the end of this term.Buckeye is a very strong Tenant currently operating 33 stores in Arizona and under current expansion. Buckeye Check$mart currently has over 170 stores in Ohio, Indiana, Kentucky, Florida, Virginia, Arizona and Utah. . This is an excellent investment opportunity.

Freestanding building located off of 32nd Street and Shea Boulevard in Phoenix, Az. Ideal loacation right off of the 51 Freeway, making it minutes from downtown Phoenix and the airport.

Highlights

  • New 5 year lease renewal beginning 7/01/2006
  • Rent increases by 5.66% on 7/01/2007
  • Excellent Location with Freeway access
  • Large Lot over half an acre with 32 parking spaces
  • Strong Tenant
  • Excellent 1031 Opportunity

Major Tenant Information

Tenant SF Occupied Lease Expires
Buckeye Check Cashing of Arizona Inc. 2,265 June 2011

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