4710 E Lone Mountain RdCave Creek, AZ 85331
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Overview
- LOCATION AND GROWTH POTENTIAL: Situated on a strategic corner that witnesses daily traffic of just under 33,000 VPD per day.
- Double Digit Cap Rate in next 2 years.
- ZERO LANDLORD RESPONSIBILITY: The property is an Absolute NNN .
- CORPORATE LEASE: The Lease is signed by Learning Care Group, Inc (Parent Company).
- ANNUAL INCREASES: 1.75%
- PHOENIX RETAIL GROWTH: The Valley recorded 1.4 million SF of net absorption over the past 12 months, ranking Phoenix as one of the nation’s top 10 strongest demand markets.
- STRONG DEMOGRAPHICS IN 1 MILE RADIUS: $162,000 average household income in a 1-mile radius.
- STRONG RETAIL SYNERGY: Located down the road from major retailers/drivers of foot traffic including (Safeway, Fry’s, McDonald’s, Walgreens, Circle K, O’ Reilly Auto Parts).
4710 E Lone Mountain RdCave Creek, AZ 85331
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Listing provided by Revere CRE