86 W Juniper Ave | Gilbert, AZ 85233
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- LoopNet Team
86 W Juniper Ave
Gilbert, AZ 85233
Stellar Unit Performance | NNN | 3% Increases · Retail Property For Sale
Investment Highlights
- STABLE INVESTMENTS – There are ±8.7 years remaining on the NNN lease with 3% annual increases.
- SCHEDULED RENT INCREASES I HEDGE AGAINST INFLATION – The lease features annual rental escalators, providing a future owner with a boost in cash flow.
- PRIME LOCATION – The ±28,805 SF center is ideally located along West Juniper Avenue, Highway 60 and 87.
- VERY PASSIVE LEASE STRUCTURE – There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local.
- HEALTHCARE REAL ESTATE I RECESSION RESISTANT PROPERTY – Veterinary hospitals are extremely sought-after investments for their resistance to downturns.
- STELLAR UNIT LEVEL PERFORMANCE – Extremely strong practice level financials, demonstrating the tenant’s long-term commitment to the location.
Property Facts
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
28,805 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.97 AC
Frontage
205’ on West Juniper Avenue
Property Taxes
| Parcel Number | 302-14-048G | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $515,181 |
Property Taxes
Parcel Number
302-14-048G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$515,181
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