Arco
Phoenix, AZ 85022
NEW 20 Yr. Lease- Strong Sales- Hard Corner · Retail Property For Sale

We are pleased to offer to qualified investors an opportunity to purchase a single tenant Absolute NNN ARCO Gas Station that is strategically located in Phoenix, AZ. Operated by a strong franchisee with 40+ locations throughout the West Coast, this offering provides a brand new 20 year lease with 2% annual rental increases and is backed by a personal guaranty. Ideal for 1031 exchange buyers, this offering provides both long term secure cash flow along with an effective inflation hedge. The station is situated within an established trade area that includes national retailers such as The Home Depot, Target, Starbucks, Safeway, Chipotle, Chase Bank, Bank of America, Hobby Lobby, Carl’s Jr., McDonald’s, and Shell Gas Station. ARCO has more than 1300 locations mainly in the western part of the United States and recorded sales of $2.93 Billion in 2016. It has operations in the United States, Indonesia, the North Sea, the South China Sea, and Mexico. This is an excellent opportunity to purchase a well-established gas station brand, with a personal guaranty, on an absolute NNN lease that offers attractive annual rental increases and zero management obligations within a dense infill trade area in Phoenix, AZ.