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Rare Drive-Thru Multi-Tenant Building 355 N 99th Ave 5,400 SF 100% Leased Retail Building Tolleson, AZ 85353 $3,600,000 ($666.67/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rare Drive Thru Multi-Tenant Shops Building Investment Opportunity in the Phoenix Metro Area.
  • One of the strongest and most desirable retail trade areas within Tolleson.
  • Best of Class Tenancy.
  • Excellent Visibility from N. 99th Ave. and Surrounding Businesses.
  • High volume retail area serving a large population of neighboring communities.
  • Strong local and regional fundamentals.

EXECUTIVE SUMMARY

Terrazona Property Management, LLC is excited to present a premier retail investment opportunity in the heart of Tolleson, Arizona. The 5,400 SF multi-tenant drive-thru shops building, located in the Phoenix Metro Area at 355 N. 99th Avenue, is now available for sale.
Strategically positioned at the high-traffic corner of 99th Avenue and Van Buren Street, just south of the I-10 and Loop 101, this brand-new property offers exceptional visibility and accessibility—making it one of the most desirable retail locations in the area.
The building is fully leased to a strong mix of national and local tenants, including:
Little Caesars
Bosa Donuts
Zara Nails
This is a rare opportunity to acquire a newly constructed, stabilized asset in one of Tolleson’s most robust commercial corridors. With a diverse tenant mix and prime location, this property is perfectly positioned for long-term investment success.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
5,400 SF
Year Built
2025
Price
$3,600,000
Price Per SF
$666.67
Cap Rate
6.25%
NOI
$225,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.88 AC

NEARBY MAJOR RETAILERS

Dutch Bros
Freddy's Frozen Custard & Steakburgers
Bank of Montreal
Filiberto's Mexican Food
Starbucks
The Buffalo Spot
Claim Jumper Steakhouse & Bar
Avondale Toyota
United Rentals-equipment & Tool Rentals
Mountainside Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-53-350
Land Assessment
$65,686
Improvements Assessment
$0
Total Assessment
$65,686
  • Listing ID: 37990998

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: 355 N 99th Ave, Tolleson, AZ 85353

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