8322 W Olive Ave
Peoria, AZ 85345
Valero - Diamond Shamrock · Retail Property For Sale

Long-Term Absolute NNN Lease – 11±-year lease with zero landlord responsibilities 5% increases every 5 years helping to build and preserve equity and is a strong hedge against inflation Perfect 1031 Exchange Property – Offers a potential investor a safe, long-term, hands-off investment Peoria, Arizona is ranked the No. 1 place to live in Arizona by Money Magazine. The well-known media source evaluated 583 cities around the country and ranked Peoria No. 29 overall and No. 1 in Arizona! Dense Location – There are ± 139,138 – ± 371,321 residents within the 3-mile and 5-mile radius with growth 6% – 7% growth expected over the next 5 years 5 ± miles from The Peoria Sports Complex, the 145-acre complex, home to Major League Baseball’s San Diego Padres and Seattle Mariners has long served as a major economic engine for Peoria due to both spring training and the year-round event calendar and serves as the crown jewel of the P83 Entertainment District and the City of Peoria 1 ± mile from State Farm Stadium – Home to the Arizona Cardinals Football Club (NFL), the annual Fiesta Bowl, and numerous other sports and entertainment events and activities, State Farm Stadium Strategic Location – Located directly on the corner of 8322 W Olive Ave, which features over 21,000 VPD adjacent 81st Ave which sees over 30,000 VPD Accelerated Depreciation Opportunity – Subject property gives a future landlord the ability to utilize accelerated depreciation to receive significantly higher after-tax cash flow on this property than other net lease investments