$2,307,692
Commercial Property for Sale in Sierra Vista Arizona 85635
Sierra Vista, Arizona
Soft OfferCommercial Property for Sale in Goodyear Arizona 85395
15600 W McDowell Rd, Goodyear, Arizona 85395
$2,816,000
$1,211 / sq ft 5.35% cap rate Listed Sep 3, 2024
2,325 sqft
Building
2,325 sqft
Lot
2024
Built
1
Stories
1
Units
Class A
Class
About this property
Commercial Property for Sale in Goodyear Arizona 85395 is a retail for sale in Goodyear, Arizona, listed at $2,816,000. Key details: year built 2024, building size 2,325 sqft, lot size 2,325 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated September 3, 2024.
This property offers a brand new 15-year Absolute NNN lease with 10% rental increases every 5 years, making it an attractive, hands-off investment. Located in Goodyear, AZ, the property enjoys prime street frontage on McDowell Road near I-10, with nearly 215,000 vehicles passing daily.
Positioned within a thriving retail hub featuring over 1 million square feet of retail space, including major anchors like Hobby Lobby, TJ Maxx, and Harkins Theatres, this property is at the heart of a high-growth area. Goodyear is one of the fastest-growing cities in the U.S., with dense demographics of over 163,578 residents within 5 miles and an average household income exceeding $100,000.
The freestanding drive-thru prototype, set for completion in early 2024, will house Roll Em Up Taquitos, a rapidly expanding Mexican QSR brand with significant growth potential. The property also benefits from a signalized corner location near the City of Goodyear’s new Civic Square development, further enhancing its strategic value.
Key highlights
- Net Lease Investment
- Brand/Tenant Roll 'Em Up Taquitos
- Lease Term 15 years
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2024
- Building Size
- 2,325 sqft
- Lot Size
- 2,325 sqft
- Stories
- 1
- Total Units
- 1
- Building Class
- Class A
- Property Status
- Normal Sale
- Building Status
- Existing
- Net Lease Investment
- Yes
Pricing details
- Net Operating Income
- $150,656
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
5.35%
Cap rate
$150,656
Net operating income
$1,211
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $2,816,000 | 5.35% | - | - | - |
Features and amenities
Prominent Tenants
- Brand/Tenant Roll 'Em Up Taquitos
- Lease Term 15 years
Highlights
- lease with 10% increases every 5 years in the initial term and option periods.
- Roll Em Up Taquitos is one of the fastest growing Mexican QSR concepts on the West Coast with 14 locations open & operating in Arizona & California and another 40-45 in the pipeline. Growth projections for the brand are well over 100 locations in the next
Location
Address as shown by the lister.
Get directionsNeighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadLinks
1 linkFrequently asked questions
What is the asking price of Commercial Property for Sale in Goodyear Arizona 85395?
Commercial Property for Sale in Goodyear Arizona 85395 is listed at $2,816,000. That works out to about $1,211 per square foot. The stated cap rate is 5.35%.
Where is Commercial Property for Sale in Goodyear Arizona 85395 located?
The property is in 15600 W McDowell Rd, Goodyear, Arizona 85395, Maricopa County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 2,325 sqft. The lot is 2,325 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Tim Westfall of Echo West Capital Advisors listed this property. Use the Request Info button to send a message or call (602) 628-6298.
When was this listing published?
It was published on September 3, 2024 and last updated on September 3, 2024.
Listing information
- Listing ID
- CL-Arizona-11680
- Published
- Sep 3, 2024
- Last updated
- Sep 3, 2024
- Views
- 542
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