10105 WEST Mcdowell Rd Avondale, AZ 85392

This two-tenant retail property is located in Avondale, Arizona. The property is 100% occupied by Boot Barn, a national credit tenant, and OX Korean BBQ, on a triple net (NNN) lease. Boot Barn recently demonstrated its commitment to the location by executing a 10-year lease extension and expanding its footprint by over 7,500 square feet. This location is ranked as the #1 most visited Boot Barn in Arizona. OX Korean BBQ owner also runs a top-performing Chinese buffet next door. The investment offers a growing income stream with scheduled 10% rental increases from both tenants during their respective lease terms. The property is situated within Gateway Crossing, a community shopping center with over 4.5 million annual visitors. The site benefits from its location directly across from the 1 million-square-foot Gateway Pavilions regional center. The property’s location offers high visibility and convenient access, adjacent to the on-ramp for the I-10 Freeway (216,000 VPD) and frontage on W McDowell Rd (80,000 VPD). The immediate trade area has a population of 338,600 people and an average household income of $93,120 within five miles. There are over 15,000 new housing units under construction, expanding the consumer base and driving retail demand. The property size is 24,500 square feet.