- For Sale $5,760,000
- Property Type Retail
- Property Size 4,500 SF
- Lot Size 1.11 Acre
- Date Updated Jan 23, 2025
Description
- Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty by U.S. Bank (NYSE: USB) - Investment Grade Credit (S&P: A+)
- Scottsdale - High Barrier to Entry Market
- Rare 15 Percent Rental Increases Every Five Years with Multiple Renewal Options
- New High-Quality 2023 Construction
- As of Q2 2023, U.S. Bancorp Operates 2,200+ Branches and has $681 Billion in Assets
- Excellent Location in North Scottsdale Retail Corridor, Adjacent to 330 Brand New Luxury Apartment Units
- Affluent Trade Area - Average Household Income Exceeds $158,000 within Three Miles
- 166,341 Residents in a Five-Mile Radius - Dense Scottsdale Trade Area in the Phoenix MSA
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Contacts
Mark J. Ruble
Marcus & Millichap
Christopher N. Lind
Marcus & Millichap
Location
Located at 14900 NORTH PIMA ROAD, Scottsdale, AZ 85260, this property is part of the West Cactus neighborhood and Phoenix market.
Contact 14900 NORTH PIMA ROAD
