For Sale $2,799,000
Property Type Retail - Restaurant
Property Size 3,480 SF
Date Updated May 3, 2024

Hard Corner Intersection w/ Excellent Visibility at Warner and South Rural in TempeLevrose Commercial Real Estate, as exclusive representation to the Seller, is pleased to present the opportunity to acquire the fee simple interest (land & building) in a NNN, freestanding, Postino Wine Cafe investment property located in Tempe, AZ (PHX MSA). The tenant, Postino Tempe Rural, LLC, is in year 4 of a 10 year lease with a 7.5% rental increase coming in September 2025. The lease also includes 2 (5 year) options to extend, each with 7.5% increases as well growing the NOI and hedging against inflation. The 2020 remodeled state of the art designed building and NNN lease comes with virtually zero Landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The Postino brand does extremely strong average sales per unit and the Tempe location boasts as one of their top performers.

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Contacts

Jason Reddington

LevRose Commercial Real Estate

(480) 289-4504

Location

Getting Around

Walk Score ®
47/100 Car-Dependent
Transit Score ®
33/100 Some Transit
Bike Score ®
51/100 Bikeable

Map
Street

City Tempe, AZ
Neighborhood Sandahl
Zip Code 85284
Market Phoenix

Points of Interest

Desert Breeze Rail Station

1.74 miles
Blue Star Transportation

4.22 miles
McAllister Ave / Apache Blvd

5.27 miles
Rural Rd / Apache Blvd

5.27 miles
College Ave / Apache Blvd

5.28 miles
Dorsey / Apache Bvd

5.30 miles
Dorsey/ Apache Blvd

5.31 miles
McClintock/ Apache Blvd

5.39 miles
Smith-Martin/ Apache Blvd

5.50 miles
11th St / Mill Ave

5.54 miles

Valero

0.76 miles
7-Eleven

1.04 miles
Shell

1.17 miles
Circle K

1.25 miles
Fry’s

1.25 miles
Circle K

1.73 miles
QuikTrip

1.88 miles
Costco Gasoline

2.00 miles
Circle K

2.08 miles
Chevron

2.32 miles

Staff Parking

3.21 miles
East Parking Lot

3.71 miles
West Parking Lot

3.81 miles
Ranch Circle Park Lot

4.15 miles
Blue 1

4.49 miles
Brown 3

4.49 miles
Love's

4.53 miles
Brown 2

4.54 miles
Blue 2

4.54 miles
Radiation Oncology Patient Parking

4.54 miles

Barro's Pizza

0.20 miles
Postino

0.23 miles
Garcia's Mexican Restaurant

0.90 miles
Freely Taproom & Kitchen

0.94 miles
Rosati's

0.96 miles
Dunkin'

1.10 miles
Riga Tony's

1.16 miles
McDonald's

1.18 miles
La Casa de Juana

1.20 miles
The Tilted Kilt

1.22 miles

Bashas'

0.98 miles
Safeway

1.07 miles
Fry's Marketplace

1.17 miles
Abertsons/Osco

1.44 miles
Natural Grocers

1.54 miles
Trader Joe's

1.84 miles
Fry's Food and Drug

1.96 miles
Walmart Supercenter

2.11 miles
The TV Outlet

2.34 miles
Brooklyn Bedding

2.36 miles

Frequently Asked Questions

What is the lease rate for 8479 South Rural Road?

Rental asking rate at 8479 South Rural Road is $1,399,500.00/YR.

What is the total square footage of 8479 South Rural Road?

8479 South Rural Road totals 3,480 square feet.

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