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Storefront For Sale • 3,886 SF
| Old Town Scottsdale: This offering is located in the heart of Old Town Scottsdale, which is the number one entertainment destination in all of Arizona |
| Long Term Operating History: Plaza De Los Garcias provides a 100% occupied investment with a strong mix of internet resistant tenants. |
| NNN Investment with increases: Both leases are on a NNN basis that include three percent (3%) annual increases to hedge against inflation. |
| Art and Entertainment District: Workday population in a 1-mile radius is over 50,000 people and boasts significant nighttime traffic. |
| Strong Demographics: Plaza De Los Garcias is subject to strong demographics with over 1.4 million annual visitors to retail stores. |
| Multi-Family Developments: There are over 500 Multifamily units proposed or currently under construction in Old Town. |
| Cap Rate: | 5.30 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Phoenix Sky Harbor International | 18 min | - | 9.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 11 |
| Type: | Surface |
| Included in Rent: | Yes |
Patrick Ehrhardt
Matthews Real Estate Investment Services
Patrick Ehrhardt
Matthews Real Estate Investment Services
