10105 WEST Mcdowell Rd Avondale, AZ 85392
Two-tenant retail property in Avondale, Arizona, 100% occupied.
Property size:
24,500 SFProperty Features for 10105 WEST Mcdowell Rd
General Information
- Size
- 24,500 SF
Building Details
- Year built
- 2017
Source:
Farislee
Listing Agent: Don Maclellan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Avondale Retail Investment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Boot Barn
Boot Store
Location Insight
- Map
- Local Demand
- City
- Avondale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.277667
- Latitude
- 33.464218
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FAQs
What type of property is this?
Shopping mall - Two-tenant retail property in Avondale, Arizona, 100% occupied.
Where is this shopping mall located?
The property is located at 10105 WEST Mcdowell Rd Avondale, AZ.
What are key features of this property?
This property features: - 100% occupied by national credit tenant Boot Barn (NYSE: BOOT) and OX Korean BBQ, providing secure, in-place cash flow.; - **Boot Barn's commitment is demonstrated by a 10-year lease extension and expansion of its footprint by over 7,500 SF; ranked as the #1 most visited Boot Barn in Arizona.**; - Located within Gateway Crossing, a dominant community shopping center with 4.5M+ annual visitors, adjacent to the 1M SF Gateway Pavilions anchored by Costco and Harkins Theaters.