prepared for presented by sam tang gentry real estate ... · 6/16/2014 · single -tenant nnn...

Properties for Sale

Prepared for

6/16/2014 (602) 628-3228 [email protected] License: SA645523000

Presented by Sam Tang GENTRY REAL ESTATE GROUP, INC.

1 1755 S. Val Vista Drive, Mesa, AZ 85206

Property Description

Single-tenant NNN Leased Investment. Premium frontage and visibility. Affluent demographics and high traffic counts. This retail/office free-standing building is fully leased to a single tenant, Turn Style Consignment, under a 10-yr. NNN lease with 2 5-yr. options. Turn Style has a solid long-term growth plan with 21 stores in the Minneapolis/St. Paul, Phoenix and Denver metropolitan areas.

Price $3,050,000

Building Size 19,805 SF

Cap Rate 7.14%

Property Sub-type Free Standing Bldg

Status Active

Property Notes

2 1964 E. McKellips Road, Mesa, AZ 85203


This Serrano' s Mexican restaurant is located on the northwest corner of Gilbert Road and McKellips Road in Mesa, AZ. The ±5,145 square foot retail building is leased to a recently remodeled Serrano' s Mexican restaurant on a fifteen (15) year absolute triple-net lease with a corporate guarantee. The lease includes 1.75% annual rent increases with one, five year renewal option. The Serrano family has been serving the east valley for nearly 100 years, with over 33 years in the restaurant business. This offering presents an investor the opportunity to acquire a property with a long-term lease, excellent annual increases, and NO landlord responsibilities.

Price $1,453,571


Cap Rate 7%

Property Sub-type Restaurant

Status Active

Property Notes

3 1521 East Elliot Road, Gilbert, AZ 85296


PAD building in a busy Safeway anchored center. Property has upside with lease up of last suite. Both existing tenants are in second year of new leases. Call with questions.

Price $1,275,000

Gross Leasable Area 5,429 SF

Property Sub-type Strip Center

Status Active

Property Notes

©2014 Sam Tang, GENTRY REAL ESTATE GROUP, INC.

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4 8750 S McClintock Drive, Tempe, AZ 85284


7-Eleven, Inc. directs Sealed Bid Sale 75 Convenience Stores Convenience stores sold without brand. Some with gas. Sold with or without fuel supply. Sold with fuel brand. AZ RE Brk NRC Realty Advisors of AZ, LLC, Lic #LC652544000

Price Price Not Disclosed



Status Active

Property Notes

5 1725 West Ruby Drive, Tempe, AZ 85284


38,225 SF Freestanding Building Leased Until 4/30/2016 15,342 SF Office/Showroom 22,883 SF Evap Cooled Warehouse 24' Clear Height 150 Car Parking RCC Zoning - City of Tempe 5 Truckwell Positions 7 Roll Up Doors

Price $2,700,000



Status Active

Property Notes

6 1534 E Ray Rd, Gilbert, AZ 85296


Western Skies Village is a gorgeous retail property surrounded by huge residential districts and national tenants. It is 94% occupied and has a great mix of uses. It is shadow anchored by Dunn-Edwards, Discount Tire and Circle K. If interested please fill out and return a signed Confidentiality Agreement.

Price $5,023,500


Cap Rate 7.25%

Property Sub-type Neighborhood Center

Status Active

Property Notes

7 1633 S. Stapley Dr., Mesa, AZ 85204


The only fee simple restaurant pad site at Mesa Spectrum Shopping Center. Fully fixturized. Building size of 5,660 sqft with 1,833 sqft enclosed patio. Co-tenants include AMC Theaters & Wal-Mart SuperCenter. Strong area employment and residential demographics. Buy the Building or Business or Both. Full Equipment Included.

Price $1,275,000



Status Active

Property Notes







8 1090 W 5th Street, Tempe, AZ 85281


Redevelopment Opportunity in Tempe

Price $2,500,000


Property Sub-type Street Retail

Status Active

Property Notes

9 1935 N. Power Rd., Mesa, AZ 85207


A+ Location - Strong Store Sales - Low Rent - Excellent Cash Flow - Next to Mesa College. This offering includes a 15,525 square foot freestanding Walgreens strategically located at the busy intersection of North Power Road and East McKellips Rd in Mesa, AZ. Walgreens has just signed a 10 year postponement of their Right of Termination, showing commitment to the site. The investment includes a Leasehold Interest with approximately 46 Years remaining on its original term and is located on the Southeast corner of the Power Rd / McKellips signalized intersection. There are approximately 46 years remaining on the ground lease with zero rental increase. The store reports exceptional sale volume and has operated at this location since 1995. Each quadrant at this retail hub contains strong performing national retailers including Home Depot, Petsmart, Michaels, Target, McDonald' s, Taco Bell, Bed Bath & Beyond, Famous Footwear, Chili' s, and Safeway Food & Drug, which anchors the subject building. The Lease is corporate guaranteed by Walgreen Co (NYSE : WAG ), with a Standard & Poor' s Rating BBB and Moody' s Rated Baa1.

Price $2,432,000


Cap Rate 6.25%


Status Active

Property Notes

10 1411 S Power Road, Mesa, AZ 85206


Original lease was 18 years, Tenant exercised their first option. Three 5-year options remain. Escalations in lease based on CPI, next escalation scheduled for 2015.

Price $4,254,750


Cap Rate 6%


Status Active

Property Notes

11 7425 S Kyrene, Tempe, AZ 85283


**Full Service Car Wash with Exterior Lane & Detail Services** GROSS INCOME: $800,000 EBITDA: $300,000 YEAR ESTABLISHED: 1996 PARCEL ID: 301-47-015G PROPERTY DESCRIPTION: + Exterior Tunnel Car Wash + Waiting area and store with beverages, snacks and auto accessories + Building size: 5,596 +/- SF Total= 4,584 +/- SF (Car Wash) =1,012 +/- SF (Other) + Lot size: 1.46 +/- Acres or 63, 772 +/- SF

Price $1,895,000


Property Sub-type Vehicle Related

Status Active

Property Notes







12 1734 E. Apache Blvd., Tempe, AZ 85281


Property Description: + Gas Station with Convenience Store + 4 MPD' s for 8 Fueling Positions + Pride Branded + Building Size: 2,531 +/- SF + Lot Size: 0.44 +/- Acres

Price $1,750,000


Property Sub-type Service/Gas Station

Status Active

Property Notes

13 831 E Warner Road, Gilbert, AZ 85296


CST Brands, Inc. directs Sealed Bid Sale 100 Convenience Stores with Gas Convenience stores sold without brand. Sold with or without fuel supply. Sold with fuel brand. 16 Former Gas Station Sites 1 Land Parcel




Status Active

Property Notes

14 7550 S Rural Road, Tempe, AZ 85283






Status Active

Property Notes

15 6758 E University Drive, Mesa, AZ 85205






Status Active

Property Notes







16 480 W Warner Road, Tempe, AZ 85284




Building Size 200 SF


Status Active

Property Notes

17 784 N McQueen Road, Gilbert, AZ 85233






Status Active

Property Notes

18 4360 E Broadway Road, Mesa, AZ 85206




Building Size 200 SF


Status Active

Property Notes

19 6323 S Rural Rd, Tempe, AZ 85283


86% occupied Class "A" retail center (Seller to master lease 14% vacancy). Staggered leases with attractive 3% to 4% annual rental escalations. Hard corner location (adjacent to Albertson's Grocery Anchored Retail Center) with traffic counts exceeding 51,000 CPD. Total daytime population of 443,085 in the 5-mile ring with an average household income that exceeds $81,300 in the 3-mile ring.

Price $3,036,000


Cap Rate 7.50%


Status Active

Property Notes







20 2326 N. Alma School Rd., Chandler, AZ 85224


Freestanding retail building located right on the street. Lots of windows and open showroom interior. The current business in the building will vacate for a buyer.

Price $1,160,000



Status Active

Property Notes

21 13433 E. Chandler Blvd., Chandler, AZ 85225


C-3 zoned on county island; only auto spray booth zoned in Chandler/ Gilbert submarket; full size vehicle turn table; glass bay doors facing heavy traffic on Chandler Blvd; fully insulated; 10 tons of AC, one or two year old units; 400 amp service, single phase

Price $2,000,000



Status Active

Property Notes

22 801 S Power Road, Mesa, AZ 85208


We have been retained as the Exclusive Listing Agent for Power Road Plaza located in Mesa, Arizona. There is excellent street frontage and monument signage along Power Road, as well as easy ingress/egress. The plaza is anchored by Van' s Golf Shop, Arizona' s premier golf retailer.

Price $4,400,000


Cap Rate 7%


Status Active

Property Notes

23 2150 N Arizona Ave, Chandler, AZ 85225


PREMIER REDEVELOPMENT OPPORTUNITY Asking $2,900,000 NWC Warner Rd & Arizona Ave Retailers at the intersection include:Big 5, PGA Tour Superstore, AMF Bowling, Thorobred Chevrolet, Arbys, Jack in the Box, QuickTrip, Dunkin Donuts It is Targets intent to close this store on February 1, 2014 and it will be available approximately April 1, 2014

Price $2,900,000



Status Active

Property Notes







24 1845 E. UNIVERSITY DR., Tempe, AZ 85281


Ownership retiring. America's greenest car wash is for sale including, equipment and business. New owner/operator will lease building and land. Business opened in Nov. 2011as a new construction built to high green construction and technology standards. Business is well established with high reputation and with several government and corporate accounts. Excellent opportunity to step into an established business and continue to grow it to its full potential.

Price $1,300,000


Property Sub-type Specialty Center

Status Active

Property Notes

25 2889 S. Market Street,, Gilbert, AZ 85295


This is the unique opportunity to purchase an Arby's NNN leased asset. The long term net lease is guaranteed by FX4, a 56 unit franchisee of Arby's based in Scottsdale, AZ. The lease calls for zero landlord obligations and four 5 year renewal options. There are scheduled increases at each option including a 48% increase in rent at the first option and 5% increases in rent at each option thereafter. The asset is part of the San Tan Village shopping center anchored by Costco. Other major retailers adjacent to the property include Walmart, Sam's Club, OfficeMax, Marshalls, JoAnn, Bed Bath & Beyond, DSW, and many others. In association with Mark Phillips of NMKF, licensed Arizona Broker.

Price $2,400,000


Cap Rate 6%


Status Active

Property Notes

26 1113 S Signal Butte Rd, Mesa, AZ 85208


Phoenix Commercial Advisors is pleased to have been selected as the exclusive advisors for the sale of the shops on Signal Butte, located on the northeast corner of Signal Butte Road and Southern Avenue in Mesa, Arizona. This investment opportunity includes a retail strip center that is 90% leased to an excellent mix of national, regional and local tenants as well as a PAD for future development. The shopping center is located less than 1-mile from Mountain Vista Medical Center (178-bed hospital), The District at Mountain Vista (luxury apartment community) and Skyline High School (±1,900 students). This offering presents an investor with an excellent opportunity to acquire an 83% leased retail strip center and Pad with future upside through lease-up and an excellent tenant mix.

Price $4,100,000


Cap Rate 7.17%


Status Active

Property Notes

27 3565 E Broadway Rd, Mesa, AZ 85204


Gas Station + c store+ car wash. RECEIVERSHIP. Store closed Jan 7, 2014. The other store located on 1959 E Broadway is available and priced at $1.1M. Excellent corner stop and go light intersection. Home Depot is across the street that is a major anchor for this high traffic location. Drive thru for fast food is an asset to the property. EXCELLENT family business.

Price $1,840,000



Status Active

Property Notes







28 1959 E Broadway, Mesa, AZ 85204


Gas Station, c store includes land on busy corner. In RECEIVERSHIP. Closed Jan 7, 2014 but is in turn key condition and ready to re-open with new owner. Valero was the previous branded fuel supplier. Excellent family business with a fully functional c store and operational coolers.

Price $1,100,000



Status Active

Property Notes

29 10749 East Apache Trail, Mesa, AZ 85120


This 2 tenant building (plus an ATM) has a higher cap rate than most single net leased buildings Quality tenants in the offering include: 1) Filiberto' s Mexican Food (drive thru): 61 locations in the western United States, comprising 73% of the subject property' s total income. Low rent to sales ratio. This is one of the chains best performing stores as demonstrated by the consistent percentage rent paid. 2) T-Mobile: rent is below market but has $1.00/sf annual rent bumps 3) Chase: ATM

Price $1,843,000


Cap Rate 7.12%

Property Sub-type Retail Pad

Status Active

Property Notes

30 1826 W. Baseline Road, Mesa, AZ 85202


Formerly known as a Big Lots this 24,724sf anchor is located in the Dobson Ranch trade area of Mesa, AZ. Priced right for upside potential through lease up this is a great investment opportunity to add to any portfolio. The building is in great condition with a renovation in 2004 therefore there is little work to be done or an owner/user strategy.

Price $1,425,000


No. Beds 1


Status Active

Property Notes

31 2820 East University Drive, Mesa, AZ 85213


The subject property is a contemporary and modern looking center that was built in 1988. The buildings are configured in an S" shape that wrap the corner. There is a multi-tenant pad on the hard corner, a Pirates Fish & Chips pad and an undeveloped pad on the east end of the center that are not included with this offering. The center is offered at well below replacement cost. 67% of the total square feet are on leases that are at very low rates. The opportunity of this center is bringing those leases up to market and substantially increasing the cash flow. The average of the rents is only $7.90/sq. ft.

Price $3,450,000


Cap Rate 7.37%


Status Active

Property Notes







32 808 S. Alma School Rd., Mesa, AZ 85210


PROPERTY DESCRIPTION: + 120 FT. Car Wash Tunnel (Currently Closed With No Equipment) + Lube Center + Vacuum Area + Detail Area + Large Lobby For Customer Waiting Area + Plenty Of Parking Spaces + Stories: 1

Price $1,195,000



Status Active

Property Notes

33 725 E. Baseline Road, Gilbert, AZ 85233


±27,707 SF Showroom/Warehouse building on ±2.00 acres. Approximately 250 feet of frontage on Baseline Road. Constructed of concrete tilt-up in 2001. 2.96 per 1,000 SF parking ratio. Fire sprinklered, natural gas service. **SHOWINGS BY APPOINTMENT ONLY** **DO NOT DISTURB OCCUPANT**

Price $3,600,000


Property Sub-type Office Showroom

Status Active

Property Notes

34 1858 W Baseline Rd, Mesa, AZ 85202-9005


28,260 SF Retail Building on 2.47 ACAnchor Space with All Uses ConsideredExcellent Parking, Signage, and VisibilityLocated in Dobson Ranch Area with High Traffic CountsZoned C-21/2 Mile From US 60 Freeway

Price $1,200,000



Status Active

Property Notes

35 450 North Gilbert Road, Gilbert, AZ 85234


The subject investment is a Burger King sale-leaseback located at 450 North Gilbert Road in Gilbert, Arizona. The property consists of roughly 2,726 square feet of building space and sits on approximately 0.80 acres of land.

Price $1,000,000


Cap Rate 6%


Status Active

Property Notes







36 1040 N. 54th St., Chandler, AZ 85226


The offering consists of a 6,375 sq ft freestanding building with a NNN lease. The tenant just extended the lease to 5 years with two 5 year options. The site is approximately 65,340 sq ft and is located on N 54TH Street which is adjacent to W Ray Road and to the Maricopa 10 freeway which is the main freeway through Arizona. The property has signage visible from the 10 FWY. Other retailers in the area include Sam' s Club, Lowes, Chapman BMW, Outback steakhouse, In-N-Out Burger, BevMo, Toys-R-Us, Best Buy, AMC Theaters, Office Max, Ross, Sports Authority, Michaels, JC Penny' s, Target, Red Lobster, CVS, Old Navy, Pier 1 Imports, Petco, Jack in the Box, Wendy' s, Subway, Pizza Hut and Flemings steakhouse.

Price $3,173,000


Cap Rate 9%


Status Active

Property Notes

37 930-1030 West Broadway Road, Tempe, AZ 85282


ORION Investment Real Estate has been retained as the Exclusive Listing Agent for Broadway Festival, two multi-tenant shops plus one PAD (with drive-thru), located on the NEC of Broadway Road and Beck Avenue. The retail project totals 34,433 square feet and is currently 93% leased to 17 tenants including Domino's Pizza, Fast Signs, Cricket Wireless, Arizona Donut Co, Sub Factory and others.

Price $4,850,000


Cap Rate 7%


Status Active

Property Notes

38 450 North Gilbert Road, Gilbert, AZ 85234


The subject investment is a Burger King sale-leaseback located at 450 North Gilbert Road in Gilbert, Arizona. The property consists of roughly 2,726 square feet of building space and sits on approximately 0.80 acres of land. This Burger King will be subject to a 20-year triple net, sale-leaseback with a multi-unit Burger King Franchisee operator. The tenant will enter into a new 20-year lease at the close of escrow. The base rent will be $60,000 and will be subject to 1% annual rental increases starting year 11, and will include Five, Five-Year tenant renewal options. The property was remodeled in 2008 to include a brand new dining room package, new signage, and new patio canopies as well as a painted exterior.

Price $1,000,000


Cap Rate 6%


Status Active

Property Notes

39 3614 E Southern Ave, Mesa, AZ 85206


We are the exclusive agent for Stonebridge Center, located at the northeast corner of Val Vista and Southern in Mesa, AZ. The Safeway anchored property is a rare value add grocery opportunity. The shopping center shares the property with Jack in the Box (NAP) and Del Taco (NAP) .

Price $4,988,775



Status Active

Property Notes







40 2700 S. Mill Ave, Tempe, AZ 85282


** Great opportunity for a free standing neighborhood restaurant on nearly a one acre lot on Mill Ave ** Long-time family operation includes all FF&E along with a load of "good will" established over generations. ** Beautiful skylights throughout ** Patio for the days that are not too hot, but features an outdoor fireplace if you get a chill. Fireplace in the lounge. Great hostess station and waiting area. Seats 120+/-.

Price $1,200,000



Status Active

Property Notes

41 1350 S Longmore Rd, Mesa, AZ 85202


Value-Add Lease up.....Redevelopment......Owner/User 45,445 SF shopping center on site area of 4.73 Acres (205,908SF) Between Mesa Community College and Fiesta Mall

Price $2,200,000



Status Active

Property Notes

42 809 W Main St, Mesa, AZ 85201


The building has frontage on Main Street / PriceIncludes Building and Business / Restaurant /Meeting Rooms / Reception Facilities / WellMaintained Historic Building / On Rail Line

Price $995,000



Status Active

Property Notes

43 2020 West Guadalupe Road, Mesa, AZ 85202


****Seller Carry Available**** Dobson Square is a multi-tenant retail center located on the NWC of Dobson Rd and Guadalupe Rd in Mesa, AZ. The property is located in a dense infill neighborhood of Mesa, AZ with the center benefiting from its close proximity to Loop 101 Price Freeway & US 60 Superstition Freeway. The property is currently 49% occupied with numerous tenants that have been at the property for years. Currently the property has a 6,220 SF vacant restaurant / entertainment venue that is turnkey ready for a new operator. Dobson Square is a great opportunity for an investor or user to purchase a multi-tenant retail center below replacement costs.

Price $2,200,000


Cap Rate 2.97%


Status Active

Property Notes







44 950 E. Main St., Mesa, AZ 85203


This Property Is 100% Vacant.

Price $1,000,000



Status Active

Property Notes

45 601 N Gilbert Rd, Gilbert, AZ 85234


Fee simple sale with potential for a sale leaseback possibility with existing Seller/Operator.

Price $985,000



Status Active

Property Notes

46 750 N Gilbert Rd, Gilbert, AZ 85234


Horne Plaza is a recently renovated 52,949 SF former Albertson' s grocery store that is currently 32% leased and occupied by 99 Cents Only Stores. Performance of 99 Cents Only Stores continues to be very strong. Horne Plaza is located at the southwest corner of the intersection of North Gilbert and West Guadalupe Roads, both main thoroughfares for the area, with a combined daily traffic count of 40,000 cars. Local retailers include: Big Lots, Walgreens, O' Reilly Auto Parts, True Value Hardware, and Firestone Auto Care.

Price $2,000,000


Cap Rate 6.52%


Status Active

Property Notes

47 505 W. Warner Road, Tempe, AZ 85284


Kyrene Warner Shell Gas Station has a 1,735 square foot under canopy convenient store. The station sits on 1.15 acres and on the South end of the property is a car wash that helps generate additional revenue along with lottery tickets and propane sales. There are 4 pumps creating 8 fueling stations that dispenses approximately 80,000 gallons per month. Adjacent to the gas station is a 102,815 square foot retail center anchored by Home Depot which drives a large amount of community traffic to the area with 100% occupancy. The station was built in 1989 but was renovated in 2011 with over $250,000 of improvements. This is a great opportunity in a well established market.

Price $1,690,000



Status Active

Property Notes







48 8749 S Rural Road, Tempe, AZ 85284


Former Circle K Built in 1988

Price $1,200,000



Status Active

Property Notes

49 1111 N. Horne, Mesa, AZ 85203


NNN lease with Childtime Childcare with five years remaining expiring May 2018. Tenant has been at this location since 1984. Low rent per square foot at $13.57.

Price $1,200,000


Cap Rate 7%


Status Active

Property Notes

50 8461 E Broadway Road, Mesa, AZ 85208


Convenience store and gas station for sale. Convenience store also has a kitchen and drive through window for food service (pizza, burgers, sandwiches, etc.). There are 3 gas pumps in the front of the store. Approximately 15,400 vehicles/day pass by this location. Owner acquired property in 2005 and has added over $500,000 in upgrades and improvements (see attached list). NOTE - Sale is Confidential. Employees are not aware that store is for sale. Please contact listings agents for an appointment to tour property.

Price $950,000



Status Active

Property Notes

51 825 W. University Dr., Mesa, AZ 85201


Former Fry's Food and Drug. Total SF: 50,724 SF Built in 1986

Price $995,000



Status Active

Property Notes







52 1316 S Longmore Rd, Mesa, AZ 85202


Former AMC Theatre transformed into a unique Banquet-Conference-Rec Center with three large banquet/meeting rooms & auditorium with sloped seating & stage, 1,402 SF catering kitchen, and a 1,402 SF multi-purpose room. Over $1.3M of improvements/upgrades have been made to the property.Property is located in close proximity to the Fiesta Mall, Target Store, Mesa Community College, and a variety of restaurants. Easy access to and from US 60 and Loop 101. - Former AMC Theatre Was Completey Renovated in 2007 - 3 Large Conference/Wedding/Meeting Rooms - 1 Large Theater Room (350 Capacity) - +/- 1,402 SF Catering Kitchen - Great Parking for Clients and Guests - Completely Renovated - Building Signage Available - Located in Redeveloping Mesa Fiesta District - Accross the Street to Fiesta Mall & US-60 Freeway

Price $1,790,000


Property Sub-type Retail (Other)

Status Active

Property Notes

53 1915 E Chandler Blvd, Chandler, AZ 85225-5117


The building is located 1.5 miles away form the future SanTan Freeway/Loop 202 in a high growth Chandler submarket.

Price $1,250,000



Status Active

Property Notes

54 1120 N Dobson Rd, Mesa, AZ 85202-3943


This retail building is for sale or lease. common parking easement w/ center, completed renovation in 2004, business sale consideredDO NOT DISTURB TENANT - CONFIDENTIAL

Price $1,160,000


Property Sub-type Retail (Other)

Status Active

Property Notes

55 3636 E. Baseline Road, Mesa, AZ 85206


NNN lease with annual 3.5% rent increases. Free standing restaurant building with drive through.

Price $1,475,000


Cap Rate 7.20%


Status Active

Property Notes







56 707, 709, 727 West Ray Road, Gilbert, AZ 85233


The Shops at Cooper Square consists of three multi tenant retail buildings, built in 1999 with a stucco facade. This property offering gives an investor the opportunity to acquire a majority interest in a Class A shopping center at price that is far below replacement cost. There is a ton of upside through leasing up the vacant shops. Very motivated seller!!! Bring all offers!!!

Price $2,500,000



Status Active

Property Notes

57 2613 N Thunderbird Cir, Mesa, AZ 85215


8000 sq ft of popular Restaurant property with great views of the Falcon Field Airport. 100% Solar Powered with new covered parking/solar panels in the nearly 1 acre parking lot-1600 amp service. 28 year land lease with no property taxes. Just off the exit to new 202 freeway and across from Boeing Factory and Longbow Golf Club. Mesa has a population of over 450,000 8000 sq ft of popular Restaurant property with great views of the Falcon Field Airport. 100% Solar Powered with new covered parking/solar panels in the nearly 1 acre parking lot-1600 amp service. 28 year land lease with no property taxes. Just off the exit to new 202 freeway and across from Boeing Factory and Longbow Golf Club. Mesa has a population of over 450,000

Price $995,000



Status Active

Property Notes

58 1260 W University Dr., Mesa, AZ 85201


63,840 SF Shopping center on 5.32 acre parcel. Anchor Tenants include Andrews Restaurant Supply and Liquidators Discount Center. Shares access with adjacent retail center.

Price $3,500,000


Cap Rate 2%


Status Active

Property Notes

59 1631 S. Val Vista Dr., Gilbert, AZ 85296


This station is located on the SEC of the signalized intersection of Val Vista & Ray Rds., and in front of a retail strip center. Site access is from both Ray & Val Vista. This property & the center were both built in 2001. The building is configured with approx. 2,682 sf for the c-store & the balance for a single-bay drive-thru carwash; carwash equipment is a Vector Touchless system. The store has a QSR counter & kitchen w/flat top range, vent, & storage area that is not used due to management limitations. The fuel system has 2/15k gal vaulted USTs with DWFG piping serving 8 Wayne MPDs with CRINDs - the MPDs have closed-circuit TV imaging & programming. Fuel served is 3 grades of unleaded, and diesel on the 2 end dispensers. Stage II vapor recovery is through a Hasstech Vacurite on-site combustion system. Electronic environmental monitoring is by a VeedeRoot TLS-350. Fuel control & cashiering is from a 2-station Ruby system. Originally built to Arco specs. Seller bought in Jan 2008, and rebranded Sinclair in Mar 2008.

Price $1,975,000



Status Active

Property Notes






60 4715 S. Rural Rd., Tempe, AZ 85282


Great owner/user opportunity! Property is zoned PCC-2 City of Tempe with many uses possible including office, retail, restaurant & sits on a 34,821sf lot aprx. Was built as a bank in 1979 with drive-through window & vault. Present use is a retail clothing store & has been very well maintained. Building is occupied & ask you drive-by or call me for an appointment. This is located on a high traffic street & is ripe for development. Alta survey available.

Price $1,495,000



Status Active

Property Notes

61 1705 West Ruby Drive, Tempe, AZ 85284


12,213 Square Foot building located on the End Cap of the Emerald Design Center.

Price $1,831,950


Property Sub-type Specialty Center

Status Active

Property Notes

62 1910 South Gilbert Rd, Mesa, AZ 85204


Turnkey restaurant available at a premier Mesa intersection 5,700 SF building plus patio on 1.1 acres Over 16,500 people within 1 mile All fixtures, furniture, and equipment remaining in space

Price $975,000



Status Active

Property Notes

63 71 E. Chandler Blvd, Chandler, AZ 85225


Established Resturaunt for 26 years in "Prime Delevopment Location, over a half Acre, free standing on Major Cross Streets. Owner will train or may consider a "Joint Venture", submit all reasonable offers.

Price $1,600,000



Status Active

Property Notes

No Photo Provided







64 2930 S Alma School Rd, Chandler, AZ 85286


Stan Johnson Company is pleased to offer for sale to qualified investors a free-standing Taco Bell located at 2930 S. Alma School Rd., Chandler, AZ. Taco Bell has Four (4) years remaining on their lease with Four (4), Five (5) year options remaining. The subject property has great visibility and access. Surrounding retailers include Sprouts, Ace Hardware, Albertson' s, OfficeMax, Wells Fargo, HomeGoods & many others.

Price $2,187,000


Cap Rate 8%


Status Active

Property Notes

65 5604 E. Main St, Mesa, AZ 85205


Owner will finance Possible adaptive re-use opportunity Over 30,000 cars per day at intersection In the heart of the Red Mountain/Mesa Retail Corridor Main Street visibility




Status Active

Property Notes

66 2737 East McKellips Road, Mesa, AZ 85213


CBRE has been retained as the exclusive representative to offer qualified investors the opportunity to purchase fee interest in a free standing Walgreens (NYSE: WAG). The subject is an approximate 13,903 square foot, single-tenant building located on approximately 1.93 acres of land. Based upon the subject location' s strong sales performance, Walgreens entered into an early lease extension in January of 2014, extending the firm term expiration date from September 2016 to September 2031. The expiration of the full lease term was also extended until September 30, 2071. Walgreens has the right to terminate every five years following September 30, 2031. The offering presents an investor with the opportunity to purchase a store occupied by the nation' s largest retail pharmacy chain under a manageable rent structure of only $13.40/SF and a price per square foot of only $243, below the drug store Phoenix market average of $345/SF over the past 2 years

Price $3,388,909


Cap Rate 5.50%


Status Active

Property Notes

67 1495 S. Higley Road, Gilbert, AZ 85296


Building 3 is for sale individually or as part of portfolio.

Price $1,665,760


Cap Rate 7.50%


Status Active

Property Notes







68 1485 S. Higley Road, Gilbert, AZ 85296


Building 2 is for sale individually or as part of portfolio.




Status Active

Property Notes

69 868 N. Gilbert Road, Gilbert, AZ 85234


The Goodwill Center (GWC) is a 46,047 square foot retail shopping center built in 2004 in the heart of Gilbert, Arizona. The new concept Goodwill Super Store occupies approximately 29,052 square feet of the GWC retail center. Goodwill recently renewed their triple net (NNN) lease and will be spending approx. $250k on improvements by Fall-2014. Center is fully developed, professionally managed and in great shape. Price = $155/sq ft. Cash on cash return of 12.3% with 25% down and a new loan at 4.5% interest.

Price $7,000,000


Cap Rate 6.50%

Property Sub-type Anchor

Status Active

Property Notes

70 1240 E Main St, Mesa, AZ 85203


Please see brochure

Price $4,500,000



Status Active

Property Notes

71 6757 E. Southern Ave., Mesa, AZ 85206


The subject property is located on a freestanding pad of the Superstition Springs Regional Mall, between Bank of America and Verizon, next to the corner of Power Rd. & Southern Ave. Building square footage - 2,536 plus basement / pit Econo Lube & Tune has operated at this site since 1997.

Price $1,498,000


Cap Rate 6.50%


Status Active

Property Notes







72 71 E. Chandler Blvd., Chandler, AZ 85225


Located on the SEC of Chandler Blvd. & Arizona Ave. Seller would also consider leasing.

Price $1,800,000



Status Active

Property Notes

73 2641 S Alma School Road, Mesa, AZ 85210


One Story, approx. 8050 SF single tenant building situated on approx. .87 AC. This automotive facility is designed for a full range of quality automotive services including automobile parts and tire store, office, restrooms and 5 auto service bays. The property is fully landscaped and the parking lot is fully paved.

Price $1,899,000


Cap Rate 7.62%


Status Active

Property Notes

74 333 E Southern Ave, Mesa, AZ 85210


Anchor space available in a great neighborhood shopping center. Nice clean retail building with large retail area, stock room/warehouse, offices, & two loading docks. Property has been meticulously maintained and in good condition.

Price $1,750,000


Property Sub-type Anchor

Status Active

Property Notes

75 703 W. Ray Road, Gilbert, AZ 85233


Build in 2000 a one-story automotive retail facility designed for a range of auto services. The building is approx. 4892 sf situated on approx. .47 acres. The building consists of an automobile parts store, office, restrooms and 8 auto service bays. Parking lot is paved and there are approx. 24 parking spaces. The property is fully landscaped.

Price $1,899,000


Cap Rate 7.40%


Status Active

Property Notes







76 828 W Baseline Rd, Mesa, AZ 85210


Jiffy Lube International, Inc. (JLI), with more than 2,000 franchised service centers in North America, and Jiffy Lube® franchisees serve approximately 22 million customers each year. Headquartered in Houston, Texas, JLI is a wholly owned, indirect subsidiary of Shell Oil Company. Jiffy Lube® service centers are 100% franchise-owned - independently owned and operated by more than 250 entity groups. Jiffy Lube® is the largest system of franchised service centers in North America and is consistently ranked as one of the top franchising opportunities for entrepreneurs: - In 2012, Jiffy Lube ranked #15 overall in Entrepreneur Magazine' s Franchise 500 and #1 in its category - In 2011, Forbes Magazine declared Jiffy Lube #13 on its list of "Top 20 Franchises to Start" - For the 20th year in a row, Jiffy Lube secured the top spot in National Oil & Lube News' annual TOPS in the Fast Lube Industry Ranking This location is owned and operated by franchisee and lessor A.G.A. Inc., a subsidiary of Bove Enterprises, which operates approximately 70 Jiffy Lube® locations in the Phoenix metro area. Guarantor Robert Bove is the President of Bove Enterprises.

Price $1,044,000


Cap Rate 8%


Status Active

Property Notes

77 1570 S Gilbert, Gilbert, AZ 85296


An AMAZING opportunity to own an established service station. Super location in much desired valley location. Located in beautiful Gilbert, Arizona with excellent street frontage. This newly renovated station has an attached car wash. Don't miss out on owning this fabulous property. SELLER FINANCING AVAILABLE

Price $1,495,000



Status Active

Property Notes

78 1845 E. University Dr., Tempe, AZ 85281


Recently completed ride-thru, conveyorized Automatic car wash with drive-thru QSR building on approx. one acre. Wash Wizard is America's greenest construction and technology car wash. Wash Wizard no longer uses wash detergents to clean vehicles. Wash Wizard is first to use a patented water treatment system for cleaning, which is formulated from natural elements. Vehicles are easier to clean and come out smooth and with an amazing shine. Wash Wizard reclaims and reuses all wash water after treating it naturally using oxygenation and bioremediation. Would consider selling the car wash business separately from land, buildings and QSR. Location opened in February, 2012. Ideal for owner operator.

Price $3,000,000


Property Sub-type Special Purpose (Other)

Status Active

Property Notes






79 1488 E. Motorplex Loop, Gilbert, AZ 85297


8 Acre Entrance Lot - High Visibility and Traffic Neighbors include: Ford, Buick, GMC, Hyundai, CarMax, & AutoNation Located directly across from New Volkswagen - Opening Spring 2011 Chrysler Jeep Dodge - coming soon - adjacent to subject lot Lots sold Development Ready CC&R Controlled - Dealer Friendly Superior Access & Visibility with over ½ mile of freeway frontage Located just SW of Westcor' s 3MM SF San Tan Village Marketplace Power Center & Regional Mall



Status Active

Property Notes



Map

1 1755 S. Val Vista DriveMesa, AZ 85206

2 1964 E. McKellips RoadMesa, AZ 85203

3 1521 East Elliot RoadGilbert, AZ 85296

4 8750 S McClintock DriveTempe, AZ 85284

5 1725 West Ruby DriveTempe, AZ 85284

6 1534 E Ray RdGilbert, AZ 85296

7 1633 S. Stapley Dr.Mesa, AZ 85204

8 1090 W 5th StreetTempe, AZ 85281

9 1935 N. Power Rd.Mesa, AZ 85207

10 1411 S Power RoadMesa, AZ 85206

11 7425 S KyreneTempe, AZ 85283

12 1734 E. Apache Blvd.Tempe, AZ 85281

13 831 E Warner RoadGilbert, AZ 85296

14 7550 S Rural RoadTempe, AZ 85283

15 6758 E University DriveMesa, AZ 85205

16 480 W Warner RoadTempe, AZ 85284

17 784 N McQueen RoadGilbert, AZ 85233

18 4360 E Broadway RoadMesa, AZ 85206

19 6323 S Rural RdTempe, AZ 85283

20 2326 N. Alma School Rd.Chandler, AZ 85224

21 13433 E. Chandler Blvd.Chandler, AZ 85225

22 801 S Power RoadMesa, AZ 85208

23 2150 N Arizona AveChandler, AZ 85225

24 1845 E. UNIVERSITY DR.Tempe, AZ 85281

25 2889 S. Market Street,Gilbert, AZ 85295

26 1113 S Signal Butte RdMesa, AZ 85208

27 3565 E Broadway RdMesa, AZ 85204

28 1959 E BroadwayMesa, AZ 85204

29 10749 East Apache TrailMesa, AZ 85120

30 1826 W. Baseline RoadMesa, AZ 85202

31 2820 East University Drive 32 808 S. Alma School Rd. 33 725 E. Baseline Road

5 miles

© 2014 Microsoft Corporation © 2010 NAVTEQ © AND

5 miles

© 2014 Microsoft Corporation © 2010 NAVTEQ © AND


Mesa, AZ 85213 Mesa, AZ 85210 Gilbert, AZ 85233

34 1858 W Baseline RdMesa, AZ 85202-9005

35 450 North Gilbert RoadGilbert, AZ 85234

36 1040 N. 54th St.Chandler, AZ 85226

37 930-1030 West Broadway RoadTempe, AZ 85282

38 450 North Gilbert RoadGilbert, AZ 85234

39 3614 E Southern AveMesa, AZ 85206

40 2700 S. Mill AveTempe, AZ 85282

41 1350 S Longmore RdMesa, AZ 85202

42 809 W Main StMesa, AZ 85201

43 2020 West Guadalupe RoadMesa, AZ 85202

44 950 E. Main St.Mesa, AZ 85203

45 601 N Gilbert RdGilbert, AZ 85234

46 750 N Gilbert RdGilbert, AZ 85234

47 505 W. Warner RoadTempe, AZ 85284

48 8749 S Rural RoadTempe, AZ 85284

49 1111 N. HorneMesa, AZ 85203

50 8461 E Broadway RoadMesa, AZ 85208

51 825 W. University Dr.Mesa, AZ 85201

52 1316 S Longmore RdMesa, AZ 85202

53 1915 E Chandler BlvdChandler, AZ 85225-5117

54 1120 N Dobson RdMesa, AZ 85202-3943

55 3636 E. Baseline RoadMesa, AZ 85206

56 707, 709, 727 West Ray RoadGilbert, AZ 85233

57 2613 N Thunderbird CirMesa, AZ 85215

58 1260 W University Dr.Mesa, AZ 85201

59 1631 S. Val Vista Dr.Gilbert, AZ 85296

60 4715 S. Rural Rd.Tempe, AZ 85282

61 1705 West Ruby DriveTempe, AZ 85284

62 1910 South Gilbert RdMesa, AZ 85204

63 71 E. Chandler BlvdChandler, AZ 85225

64 2930 S Alma School RdChandler, AZ 85286

65 5604 E. Main StMesa, AZ 85205

66 2737 East McKellips RoadMesa, AZ 85213

67 1495 S. Higley RoadGilbert, AZ 85296

68 1485 S. Higley RoadGilbert, AZ 85296

69 868 N. Gilbert RoadGilbert, AZ 85234

70 1240 E Main StMesa, AZ 85203

71 6757 E. Southern Ave.Mesa, AZ 85206

72 71 E. Chandler Blvd.Chandler, AZ 85225

73 2641 S Alma School RoadMesa, AZ 85210

74 333 E Southern AveMesa, AZ 85210

75 703 W. Ray RoadGilbert, AZ 85233

76 828 W Baseline RdMesa, AZ 85210

77 1570 S GilbertGilbert, AZ 85296

78 1845 E. University Dr.Tempe, AZ 85281

79 1488 E. Motorplex LoopGilbert, AZ 85297


prepared for presented by sam tang gentry real estate ... · 6/16/2014 · single -tenant nnn...

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