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21274 N John Wayne Pky
Maricopa, AZ 85139
Retail Property For Sale
Investment Highlights
- Triple-Net (NNN) Lease with Zero Landlord Responsibilities
- Over $200 Per Square Foot in Annual Sales at this Location
- Premier Intersection of Maricopa, AZ (Phoenix MSA) with 600,000 Square Feet of Existing Retail, Boasting 99% Occupancy
- Primary Lease Term Expires May 31st, 2030 with Ten - Five Year Options Remaining
- Heavily Traf?cked, Hard-Corner, Signalized Intersection with over 50,000 Vehicles Per Day
- Double-Digit Leveraged Return Including Principal Paydown on a New Loan
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.73 AC
Zoning
UNDESIGNATED
Parking
66 Spaces (4.45 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 512-05-893C | Improvements Assessment | $1,575,003 |
| Land Assessment | $659,390 | Total Assessment | $2,234,393 |
Property Taxes
Parcel Number
512-05-893C
Land Assessment
$659,390
Improvements Assessment
$1,575,003
Total Assessment
$2,234,393
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