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
JENNIFER HILL(d) 480.383.8193(m) 602.616.4477
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]
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
JENNIFER HILL(d) 480.383.8193(m) 602.616.4477
*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