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7700 S Priest Dr
Tempe, AZ 85284
Elliot Plaza Pad · Retail Property For Sale
Property Facts
About 7700 S PRIEST DR , TEMPE, AZ 85284
Elliot Plaza PAD is a multi-tenant retail pad building at the Southwest corner of Elliot Rd & Priest Dr in Tempe, Arizona. Densely located, Elliot Plaza PAD sits at the premier retail intersection in South Tempe. The property benefits from strong anchor tenancy, and high visibility. The ± 10,000 square feet is 100% occupied and sits on ±1.77 acres of land. The subject property consists of Firehouse Subs, Hertz, and Black Bear Diner—all on triple-net (NNN) leases. Black Bear Diner and Hertz offer corporate leases, while Firehouse Subs offers a personal lease from a franchisee with multiple locations. Built in 1990, the property benefits from strong demographics and household formation. The property has been well-maintained by a regional shopping center developer, has high credit tenants, and strong terms on each lease. Elliot Plaza PAD offers a new investor a well-positioned asset with stable cash flow and low maintenance.
Property Taxes
| Parcel Number | 301-54-973 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $321,737 |
Property Taxes
