6175 S 35th Ave Phoenix, AZ
Call to check price and availability
NNN leased retail property with scheduled rent increases in Phoenix.
Type:RETAIL
Property size:
7,000 SFLot size:
0.92 AcresPrice / SF:
$279/SF- Added:
- May 17, 2025
- Days on Market:
- 342
- Last Refresh:
- Apr 5 at 10:22 pm
Property Features for 6175 S 35th Ave
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.92 Acres
- Property subtype
- RETAIL
Listing agent Jake Ertle
Listing office Rein & Grossoehme (480) 214-9400
Listing date May 17, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Rein & Grossoehme
Overview
Phoenix Retail NNN Investment Opportunity
This retail property in Phoenix, Arizona, is leased to Waba Hair & Beauty Supply under an absolute triple-net (NNN) lease, meaning no landlord responsibilities. The building encompasses 7,000 square feet and is situated on a 40,000 square foot lot, providing ample parking and accessibility. The location benefits from high traffic, strong visibility, and consumer demand. The lease term is for 6 years, commencing on February 1, 2025, and expiring on January 31, 2031. The rent escalates from $84,000 annually for Year 1 to $136,990 annually for Year 2, with 3% annual increases throughout the remainder of the initial term. The tenant is experienced and operates 7 locations between Phoenix and Tucson, Arizona. The tenant has 15 days from the date of seller receiving an offer to exercise its right of first refusal.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.132
- Latitude
- 33.3905
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - NNN leased retail property with scheduled rent increases in Phoenix.
Where is this retail space located?
The property is located at 6175 S 35th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,957,000.
What are key features of this property?
This property features: Absolute Triple‑Net (NNN) Lease: Enjoy a truly passive investment with no landlord responsibilities.; High‑Traffic Location: Positioned in a high‑traffic area of Phoenix, Arizona.; Strong Rental Income: Rent escalates from $84,000 to $136,990 annually in Year 2, with 3% annual increases thereafter.
