1201 E Northern Ave | Phoenix, AZ 85020
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- LoopNet Team
1201 E Northern Ave
Phoenix, AZ 85020
Brand New 20 Year Absolute NNN ARCO · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN - no landlord responsibilities
- Qualifies for bonus depreciation
- Located on a hard corner with ±62,375 vehicles per day at 12th St & Northern Ave
- Long term primary lease (±20 years remaining)
- Rental increases every 5 years to hedge against inflation
- Densely populated trade area with over 359,000 residents within 5 miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,503 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Zoning
C-C - Commercial
Parking
15 Spaces (5.99 Spaces per 1,000 SF Leased)
Frontage
75’ on East Northern Avenue
AMENITIES
- Bus Line
- Corner Lot
- Signage
- Wheelchair Accessible
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 160-15-105B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $82,671 |
PROPERTY TAXES
Parcel Number
160-15-105B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$82,671
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