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5817 W Indian School Rd
Phoenix, AZ 85031
Boost Mobile · Retail Property For Sale
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
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
Property Taxes
| Parcel Number | 103-37-109 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $39,269 |
Property Taxes
Parcel Number
103-37-109
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$39,269
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