Absolute NNN Retail
25073 W Southern Ave Buckeye, AZ 85326
For Sale
Contact for pricing
Absolute NNN retail investment with 8 years remaining and multiple renewal options.
Property Size14,820 SF
Price / SF$325.59
Days on Market138
Property Features for 25073 W Southern Ave
General Information
- Standard status
- Active
- Size
- 14,820 SF
- Property subtype
- RETAIL
Listing Agency:
Marcus & Millichap | Phoenix
(602) 687-6694
Listed By:
Chris Lind · License #SA550593000
(602) 370-9255
Source:
Moodyscre
Added: Mar 12
Changed: Jul 25
Last Checked: Jul 25 at 6:03AM
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 Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
This absolute NNN retail property is offered for sale with approximately 8 years remaining on the lease and multiple renewal options. The asset is positioned as a specialty/retail NNN investment within the Phoenix MSA.
The property is located at a signalized hard-corner intersection at 25073 W Southern Ave in Buckeye, Arizona. Public remarks indicate access from West Southern Avenue and Miller Road, with the site described as reachable by more than 50,000 cars per day. A 5-mile radius is described as containing 58,503 residents.
Per the provided information, the location is described as high-performing, ranking in the 91st percentile per Placer.ai, and the surrounding area is projected to grow by 9% in households and population by 2030 (broker inquiry for details).
The property is located at a signalized hard-corner intersection at 25073 W Southern Ave in Buckeye, Arizona. Public remarks indicate access from West Southern Avenue and Miller Road, with the site described as reachable by more than 50,000 cars per day. A 5-mile radius is described as containing 58,503 residents.
Per the provided information, the location is described as high-performing, ranking in the 91st percentile per Placer.ai, and the surrounding area is projected to grow by 9% in households and population by 2030 (broker inquiry for details).
Key Highlights
- 8 years remaining on an Absolute NNN lease with multiple renewal options
- Signalized hard‑corner location with access via W Southern Ave and Miller Rd
- Listed as serviced by over 50,000 cars per day via W Southern Ave and Miller Rd
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $281.0k | $18.96 |
| − Vacancy | −$14.0k | −$0.95 |
| EGI | $266.9k | $18.01 |
| − OpEx | −$80.1k | −$5.40 |
| NOI | $186.9k | $12.61 |
14,820 SF · lease $18.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.67M
$2.34M – $3.11M
NOI $186,856 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.58M
$4.01M – $5.35M
NOI $320,896 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens
Pharmacy
FedEx OnSite
Postal Service
COVID-19 Drive-Thru Testing ...
Medical Laboratory
Western Union
Bank
FAQs
What type of property is this?
NNN property - Absolute NNN retail investment with 8 years remaining and multiple renewal options.
Where is this nnn property located?
The property is located at 25073 W Southern Ave Buckeye, AZ.
What is the asking price?
The asking price for this property is $4,825,200.
What are key features of this property?
This property features: 8 years remaining on an Absolute NNN lease with multiple renewal options; Signalized hard‑corner location with access via W Southern Ave and Miller Rd; Listed as serviced by over 50,000 cars per day via W Southern Ave and Miller Rd
