Description
Stabilized asset with 2% annual rent increases. High visibility - frontage on busy Cave Creek Road with 26K VPD,near corner of E Cactus Road with 40K VPD. Dedicated monument signage on Cave Creek Road. Net lease with minimal Landlord responsibilities. National tenants in close proximity include: Circle K, O'Reilly Auto Parts, Dairy Queen, Sherwin Williams, Home Depot, andFirestone. Popular location: 12.9K annual visits in last 12 months perPlacer Ai. Rolberto's recently extended their lease in 2022 for an additional10 years. Dense suburban location: surrounded by Cactus Cave Creekand Chateau Theirry neighborhoods with 330K residents in a 5-mile radius
Location
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