Seri Bryant

Associate

818.212.2655

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The quality of your thinking determines the quality of your life. "

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Senior Associate

CA BRE: 01797904

818.212.2715

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Rebekah Zweiban

Senior Research Analyst

818.212.2731

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Ezra Orr

Senior Director, Digital Development

818.212.2730

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The only person you should try to be better than is the person you were yesterday."

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Operations Manager

818.212.2730

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Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

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Success is not in what you have, but who you are."

Goodwill

7850 S. Priest Drive, Tempe, AZ 85284

Price:
$6,484,200
CAP Rate:
6.25%
NOI:
$405,262
Net Rentable Area:
32,421 SF
Year Built:
1994
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Goodwill offers a long term single tenant modified NNN lease (minimal landlord obligations)
  • The Center is anchored by LA Fitness and is surrounded by other national retailers such as Costco, WalMart and Ross Dress For Less
  • The Goodwill is located in a shopping center that is 100% leased with 70% of the tenants leased thru the next 6 years (prior to options)
  • Densely populated area and strong retail/residential infill limits future new development, creating high barriers to entry for direct competition to the tenancy
  • Significant visibility with more than 202,000 VPD passing in front of the site daily and its proximity to the I-10, the 202 loop and 101 Fwy

RECENT LISTINGS