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Goodwill

7850 S. Priest Drive, Tempe, AZ 85284

Price:
$6,223,750
CAP Rate:
6.51%
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

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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