SWC Loop 101 & Northern Ave
Glendale, AZ 85305
COBBLESTONE AUTO SPA | 20-YR GROUND LEASE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN corporate ground lease; landlord has ZERO responsibilities
- Brand-new 2023 freestanding building on the hard corner of new mixed-use development
- Strong 9% rent increases every 5 years through primary term and five, five-year option periods
- Corporate guarantee from Cobblestone with over 54 locations in Arizona and Colorado
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,897 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.36 AC
Zoning
F1
Frontage
6’ on Northern Avenue
PROPERTY TAXES
| Parcel Number | 142-56-052 | Improvements Assessment | $0 |
| Land Assessment | $57,424 | Total Assessment | $57,424 |
