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Swc Linsday Rd & Germann Rd Gilbert, AZ

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For Sale
$2,286,000

New construction NNN ground lease in growing Phoenix trade area.

Property size:
3,600 SF
Lot size:
1.00 Acre

Property Features for Swc Linsday Rd & Germann Rd

General Information

Size
3,600 SF
Lot size
1.00 Acre

Source: Marcus & Millichap | Phoenix Agent Chris Lind

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


Overview

New NNN Ground Lease Opportunity

This property features a brand new 20-year absolute triple-net (NNN) ground lease, with construction completed in 2025. The lease includes 10% rental increases every 5 years, along with multiple renewal options. Situated at the corner of Lindsay and Germann Roads, the location benefits from high traffic, with a combined daily car count exceeding 54,350 vehicles. The surrounding area has a substantial residential base, with 314,534 residents within a 5-mile radius. Located within the Phoenix MSA, the trade area is experiencing growth, with household and population projected to increase by approximately 13% within a 1-mile radius by 2029. The property size is 3,600 square feet.
Location Intelligence

Current Use by Public Records

Storefront properties

Similar Places Nearby

Sarah's Garden Wedding Flowers

Map

City
Gilbert
County
Maricopa
State
Arizona
Longitude
-111.8210866
Latitude
33.3519301

FAQs

What type of property is this?
Storefront property - New construction NNN ground lease in growing Phoenix trade area.
Where is this storefront property located?
The property is located at Swc Linsday Rd & Germann Rd Gilbert, AZ.
What is the asking price?
The asking price for this property is $2,286,000.
What are key features of this property?
This property features: - High-Traffic Location at the Corner of Lindsay and Germann Roads - 54,350+ Combined Cars per Day; - Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease - 2025 Construction; - 10% Rental Increases Every 5 Years with Multiple Renewal Options
More about this property
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