1240 E Indian School Rd | Phoenix, AZ 85014
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1240 E Indian School Rd
Phoenix, AZ 85014
Dollar Tree - Rare Abs. NNN Corp. Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 11 Years Remaining on Absolute Triple-Net (NNN) Lease with Dollar Tree
- Longstanding 99 Cent Only Store Recently Underwent Conversion to Dollar Tree in 2024
- Growing Trade Area - Households and Population Projected to Increase 5-7% Over the Next 5 Years
- 10% Rental Increases Every 5 Years with Multiple Renewal Options - Next Rent Increase Occurs on February 1, 2028
- 403,307 Residents within 5 Miles - Rare Infill Near Downtown Phoenix
- Excellent Frontage Along Indian School Road, a Major Thoroughfare in the Phoenix Area - 73,000+ Combined Cars/Day at the Corner
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,313 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.01 AC
Zoning
C-2, Phoenix - C-2, Commercial
Parking
119 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
309’ on Indian School
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 155-05-082A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $338,045 |
PROPERTY TAXES
Parcel Number
155-05-082A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$338,045
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