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Investment Highlights

  • Recent 5-year lease extension with ±5 years remaining, reaffirming tenant commitment.
  • Tenant operates multiple locations throughout Phoenix MSA, showing regional strength.
  • Prime signalized intersection with ±80,000 vehicles per day for strong exposure.
  • NNN lease with 3% annual rent increases, providing consistent income growth.
  • Landlord responsible only for structure; tenant covers all operating expenses and CAM.
  • Dense trade area with 219,026 residents in 3 miles and 469,714 in 5 miles.

Executive Summary

David Harrington
Matthews Real Estate Investment Services, Inc
License # CO701910000, BR715518000 (AZ)
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,009 SF
Building Class
B
Year Built
2002
Price
$627,000
Price Per SF
$312.10
Cap Rate
6.50%
NOI
$40,780
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.14 AC
Zoning
C-2, Phoenix
Parking
14 Spaces (7.05 Spaces per 1,000 SF Leased)
Frontage
83’ on W Indian School Rd

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • DL Wireless
  • Information
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
DL Wireless Information - - -

Nearby Major Retailers

Pei Wei Asian Kitchen
Bank of America
Cardenas
Chase
Fry’s Food Stores
Sizzler
The Habit Burger Grill
Rent-A-Center
Food City

Property Taxes

Property Taxes

Parcel Number
103-37-109
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$39,269
  • Listing ID: 39824586

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 5817 W Indian School Rd, Phoenix, AZ 85031

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