Check$mart | Absolute NNN Lease 4301 W Indian School Rd 1,025 SF Office Building Phoenix, AZ 85031 $1,200,000 ($1,170.73/SF) 7.27% Cap Rate

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Check$mart, strategically located on a signalized hard corner in a dense infill Phoenix corridor. The property is secured by an absolute NNN lease, providing investors with passive ownership and zero landlord responsibilities, while also offering meaningful long-term value through the strength of the underlying real estate.
The subject property is positioned at the intersection of Indian School Road and 43rd Avenue, benefiting from exceptional visibility, convenient access, and combined traffic counts of approximately 95,166 vehicles per day. The site is surrounded by a strong concentration of national retailers including AutoZone, Planet Fitness, QuikTrip, O’Reilly Auto Parts, Taco Bell, and Burger King, reinforcing the corridor’s established retail demand and consistent consumer traffic patterns. Additionally, the property is located within a densely populated trade area with more than 499,000 residents within a five-mile radius, supporting long-term viability for a wide range of retail uses.
Beyond the in-place cash flow, the investment offers future optionality through the lease structure and site positioning. With no renewal options remaining, the property presents a potential opportunity for future redevelopment or re-tenanting of a well-located corner parcel in a mature, high-traffic submarket. This combination of passive income today and real estate flexibility tomorrow makes the offering especially compelling for investors seeking both yield and longer-term upside.
This offering represents an opportunity to acquire a well-located net leased asset with strong visibility, infill location fundamentals, and embedded redevelopment potential in one of Phoenix’s established commercial corridors.