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    2649 W Indian School Rd Phoenix, AZ 85016

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    For Sale
    $2,571,428

    NNN retail property with long-term lease and rental increases.

    Property size:
    2,943 SF
    Lot size:
    0.78 Acres

    Property Features for 2649 W Indian School Rd

    General Information

    Size
    2,943 SF
    Lot size
    0.78 Acres

    Source: Cushman & Wakefield | Phoenix Agent Chris Hollenbeck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Phoenix Retail NNN Investment Opportunity

    This retail property, located in Phoenix, Arizona, offers an investment opportunity with an absolute NNN lease structure, meaning no landlord responsibilities. The property is subject to a long-term primary lease with approximately 18 years remaining. The property is 2,943 square feet. The lease includes rental increases every five years, providing a hedge against inflation. The property may qualify for bonus depreciation.
    Insight Report Location Intelligence

    Current Use by Public Records

    USA Coatings Epoxy ... Flooring Contractor U-Haul Neighborhood Dealer Trailer Rental Service Sinclair Gas Station gas station Gas Station Bitcoin of America ATM Currency Exchange Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1165918
    Latitude
    33.4945164

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    FAQs

    What type of property is this?
    Retail space - NNN retail property with long-term lease and rental increases.
    Where is this retail space located?
    The property is located at 2649 W Indian School Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,571,428.
    What are key features of this property?
    This property features: - Absolute NNN lease offers a truly hands-off investment.; - Long term primary lease with approximately 18 years remaining provides stable income.; - Attractive 5.60% CAP rate.
    (602) 954-9000
    Request Owner's contact information
    2649 W Indian School Rd Phoenix, AZ 85016
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    Phoenix, AZ 85016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2649 W Indian School Rd Phoenix, AZ 85016
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