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PADS 6 PAD-NNN PORTFOLIO SUBMIT ALL OFFERS! · 33,643 PER DAY 15,640 PER DAY 79,717 Y 27,996 PER...

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33,643 PER DAY 15,640 PER DAY 79,717 PER DAY 27,996 PER DAY CAREFREE HIGHWAY NORTH VALLEY PARKWAY PADS - OFFERING MEMORANDUM JULIE HARRIS (d) 480.383.8195 (m) 856.371.2204 [email protected] JENNIFER HILL (d) 480.383.8193 (m) 602.616.4477 [email protected] 7500 E. McDonald Drive, Suite 100A | Scottsdale, AZ 85250 Office: 480.947.8800 | Fax: 480.947.8830 | www.dpcre.com 35004 NORTH VALLEY PARKWAY | PHOENIX, AZ 85086 6 PAD-NNN PORTFOLIO SUBMIT ALL OFFERS! Drive-thru End Cap PADS NEC I-17 & CAREFREE HIGHWAY WALT BROWN JR (d) 480.383.8160 (m) 480.797.7221 [email protected]
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Page 1: PADS 6 PAD-NNN PORTFOLIO SUBMIT ALL OFFERS! · 33,643 PER DAY 15,640 PER DAY 79,717 Y 27,996 PER DAY CAREFREE HIGHWAY Y PADS - OFFERING MEMORANDUM JULIE HARRIS (d) 480.383.8195 (m)

33,643 PER DAY

15,640 PER DAY79,717 PER DAY

27,996 PER DAY

CAREFREE HIGHWAY

NORTH VALLEY PARKWAY

P A D S - O F F E R I N G M E M O R A N D U M

JULIE HARRIS(d) 480.383.8195(m) 856.371.2204

[email protected]

JENNIFER HILL(d) 480.383.8193(m) 602.616.4477

[email protected]

7500 E. McDonald Drive, Suite 100A | Scottsdale, AZ 85250Office: 480.947.8800 | Fax: 480.947.8830 | www.dpcre.com

35004 NORTH VALLEY PARKWAY | PHOENIX, AZ 85086

6 PAD-NNN PORTFOLIOSUBMIT ALL OFFERS!

Drive-thruEnd Cap

PADS

N E C I - 1 7 & C A R E F R E E H I G H W A Y

WALT BROWN JR(d) 480.383.8160(m) [email protected]

Page 2: PADS 6 PAD-NNN PORTFOLIO SUBMIT ALL OFFERS! · 33,643 PER DAY 15,640 PER DAY 79,717 Y 27,996 PER DAY CAREFREE HIGHWAY Y PADS - OFFERING MEMORANDUM JULIE HARRIS (d) 480.383.8195 (m)

Located on the Northeast Corner of I-17 & Carefree Hwy

6 Investment Grade stabilized NNN Assets

Total Land Area: 9.62 Acres

Parcel No. 203-26-955(Currently 1 parcel - subdividing is underway)

NOI: $157,300Cap Rate: 4.5%

Lease Exp: 12/13/22Ground Lease

Chase Bank Chili’s In-N-Out Burger

Taco Bell First Watch Pacific Dental Services

Area Co-Tenants:

NEC I-17 & CAREFREE HIGHWAY | PHOENIX, AZ

DEMOGRAPHICS 2018Source: esri

$110,424

$89,390

$120,279

$95,058

$118,808

$95,876

7 MI5 MI3 MI

AVERAGE HH INCOME

7 MI5 MI3 MI

MEDIAN HH INCOME

NOI: $103,000Cap Rate: 4.25%Lease Exp: Flat

NOI: $108,900Cap Rate: 3.5%

Lease Exp: 2/1/23Ground Lease

NOI: $180,000Cap Rate: 5.5%

Lease Exp: 2/1/24

Ground Lease

NOI: $134,555Cap Rate: 5.25%Lease Exp: Flat

NOI: $241,992Cap Rate: 5.75%

Lease Exp: 10/1/23

Disclaimer: This overview Offering Memorandum contains select and confidential information pertaining to the business and affairs of Tramonto Marketplace in Phoenix, Arizona. It has been prepared by Diversified Partners

and does not contain all information a prospective purchaser may desire. The information contained herein is furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for

any other purpose or made available to any other person without the written consent of Seller, Diversified Partners.

JULIE HARRIS(d) 480.383.8195(m) 856.371.2204

[email protected]

JENNIFER HILL(d) 480.383.8193(m) 602.616.4477

[email protected]

*This building includes a 2,047 SF end cap w/drive-thru. If not

leased by closing, Seller shall credit 2 yrs free rent.

OVERALL NOI: $925,747 | SUGGESTED OFFERING CAP RATE: 5.0%

All leases include option periods with 10% annual increases

WALT BROWN JR(d) 480.383.8160(m) 480.797.7221

[email protected]


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