2323 W Apache Trl
Apache Junction, AZ 85120
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long term lease (18 years remaining on the base term)
- Located at a high traffic and signalized intersection with nearly 24,000 cars per day
- Tenant is in the process of increasing their number of operations, which is indicative of their success
- Believed to be the best grossing store within the Franchisee’s operation
- Strong demographics including above national average household income
- Tenant has been operating as an Arby’s franchisee for approximately 40 years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,496 SF
Building Class
C
Year Built/Renovated
1990/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.64 AC
Zoning
UNDESIGNAT
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
131’ on W Apache Trl
ABOUT 2323 W APACHE TRL , APACHE JUNCTION, AZ 85120
-An Arby’s franchisee with 7 locations across Arizona and New Mexico -Tenant completed a full renovation of the store in 2017 and executed a new 20 year lease, demonstrating its dedication to the location -Favorably located along Apache Trail, which is the main retail thoroughfare in Apache Junction, which runs east and west through Apache Junction, AZ -Adjacent to a 210,000 SF Walmart Supercenter, benefiting local shoppers due to its strategic location -Surrounded by other national tenants including McDonald's, Dairy Queen, Auto Zone, Dollar Tree, Starbucks, Wells Fargo, KFC, Bank of America, etc.
PROPERTY TAXES
| Parcel Number | 101-10-181A | Improvements Assessment | $158,449 |
| Land Assessment | $213,038 | Total Assessment | $371,487 |
