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Salad And Go 4716 E Ray Rd 586 SF Retail Building Phoenix, AZ 85044 $3,801,818 ($6,487.74/SF) 5.50% Cap Rate
Investment Highlights
- Absolute NNN Lease with 15+ Years Remaining and 2% Annual Rent Increases Providing Passive Income
- Prime Location at Intersection of Interstate 10 and Loop 202 with Exceptional Regional Connectivity
- Strategic Location Near Chandler Technology Corridor Anchored by Intel and Northrop Grumman
- Corporate Guaranteed Lease by Salad and Go with 140+ Locations Across Arizona and Nevada
- Situated in Affluent Ahwatukee Foothills Submarket with Strong Household Incomes Supporting Growth
- High Traffic Ray Road Location with 49,900+ VPD and Access to Established Residential Communities
Executive Summary
David Harrington
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
586 SF
Year Built
2021
Price
$3,801,818
Price Per SF
$6,487.74
Cap Rate
5.50%
NOI
$209,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.61 AC
Zoning
C-2
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 301-58-881 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $116,687 |
Property Taxes
Parcel Number
301-58-881
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$116,687
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Salad And Go | 4716 E Ray Rd
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