This property is Off-Market

2010 West Baseline Road
Phoenix, AZ 85041 ·

20,390 SF · Retail For Sale

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Staples

Price N/A Cap Rate 8%
Building Size 20,390 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type
Retail (Other)
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Year Built 2007
Property Use Type Net Lease Investment with 9 years left on lease Lot Size 2.34 AC
Listing ID: 16481877 Date Created: 11/23/2009 Last Updated: 02/03/2010

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)

Research

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

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