NNN Retail Investment
For Sale
Contact for pricing
1302 West Indian School Road, Phoenix, AZ 85016
NNN retail building with strong north-side Indian School Road visibility and approximately 100 feet of frontage.
Property Size10,554 SF
Lot Size0.81 Acres
Days on Market122
Property Features for 1302 West Indian School Road
General Information
Standard status
Active
Size
10,554 SF
Lot size
0.81 Acres
Property subtype
Retail
Zoning
C-1
Site & Location
Traffic Count
46,100 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Trilogy Core LLC
Listed By:
Mark McLoone · License #TX 809405
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 7:41PM
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 Trilogy Core LLC
Investment Insights
Based on property information with market context.
This for-sale retail investment property includes an approximately 10,554-square-foot building within an approximately 35,382-square-foot site. The offering features strong signage and visibility along the north side of Indian School Road, with approximately 100 feet of frontage. The lease structure is on an NN basis, with the landlord responsible for roof and structure.
According to the City of Phoenix, the property is zoned C-1, which allows for a multitude of commercial developments. Public remarks note the location as an in-fill site near the Melrose District, with an approved 83-unit apartment complex adjacent to the west.
The lease has 3% annual increases on November 1st, with the lease set to expire on 10/31/2020. There is one remaining 3-year option to extend the lease with similar 3% annual increases.
According to the City of Phoenix, the property is zoned C-1, which allows for a multitude of commercial developments. Public remarks note the location as an in-fill site near the Melrose District, with an approved 83-unit apartment complex adjacent to the west.
The lease has 3% annual increases on November 1st, with the lease set to expire on 10/31/2020. There is one remaining 3-year option to extend the lease with similar 3% annual increases.
Key Highlights
- Approximately 35,382 SF property with an approximately 10,554 SF retail building at 1302 W Indian School Road, Phoenix, AZ
- Strong signage and visibility along north‑side Indian School Road (46,100 vehicles per day) with approximately 100 feet of frontage
- NN lease structure: landlord responsible for roof and structure; current rent is $165,600
Property Analytics
Current Use
Lease Details
46,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
Explore this area
Business Placement
Demographics for 85016, AZ
37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN retail building with strong north-side Indian School Road visibility and approximately 100 feet of frontage.
Where is this nnn property located?
The property is located at 1302 West Indian School Road Phoenix, AZ.
What are key features of this property?
This property features: Approximately 35,382 SF property with an approximately 10,554 SF retail building at 1302 W Indian School Road, Phoenix, AZ; Strong signage and visibility along north‑side Indian School Road (46,100 vehicles per day) with approximately 100 feet of frontage; NN lease structure: landlord responsible for roof and structure; current rent is $165,600
