Historical Retail Sale Listing - Staples

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Staples

2010 West Baseline Road, Phoenix, AZ 85041

N/A

20,390 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
20,390 SF
Property Type:
Retail
Property Sub-type:
Retail (Other)
Additional Sub-types:
Anchor
Property Use Type:
Net Lease Investment with
9 years left on lease
Cap Rate:
8%
Occupancy:
100%
Tenancy:
Single
Year Built:
2007
Lot Size:
2.34 AC
Listing ID
16481877
Last Updated
over 1 year ago

Description

10 Year Initial Lease Term with Four, Five-Year Options. Rent increases $1.25 per square foot every 5 years. Anchored by a 139,410-square foot Lowe's Home Improvement.
Other retailers in the shopping center include CVS, Fresh & Easy (TESCO), Wells Fargo, Starbucks, Burger King, Subway, UPS and Supercuts, UPS, State Farm and Edward Jones.
Ninety-two percent of the tenants and ninety-nine percent of the space is occupied by regional or national tenants.

Staples is located in the 2007 constructed, 324,299-square foot South Mountain Pavilion Shopping Center. This 36.4 acre center sits on the northwest corner of 19th Avenue and Baseline Road in Phoenix, Arizona.
Anchored by a 139,410-square foot Lowe's Home Improvement.
Other retailers in the shopping center include CVS, Fresh & Easy (TESCO), Wells Fargo, Starbucks, Burger King, Subway, UPS and Supercuts, UPS, State Farm and Edward Jones.
Ninety-two percent of the tenants and ninety-nine percent of the space is occupied by regional or national tenants.
2007 Population Demographics: One-Mile: 7,987 Three-Mile: 68,689 Five-Mile: 141,253.
2007/2008 City of Phoenix Traffic Counts:
35,100 Vehicles per day (VPD) along Baseline Road (between 19th Avenue and 27th Avenue)
14,500 Vehicles per day (VPD) on 19th Avenue (between Baseline Road and Southern Road)

Map of 2010 West Baseline Road, Phoenix, AZ 85041 (Maricopa County)

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