Corporate NNN
For Sale
Contact for pricing
2627 W Southern Ave, Phoenix, AZ 85041
A 2020-built commercial asset leased on an absolute NNN structure with scheduled rent increases.
Property Size8,843 SF
Price / SF$434.59
Days on Market127
Property Features for 2627 W Southern Ave
General Information
Standard status
Active
Size
8,843 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Additional Details
Cap Rate
6.75%
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
Essential Capital Advisors
Listed By:
Milo Spector · License #01959211
Source:
Crexi
Added: Apr 27
Changed: Aug 31
Last Checked: Aug 31 at 1:02AM
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 Essential Capital Advisors
Investment Insights
Based on property information with market context.
This 8,843-square-foot commercial property was completed in 2020 and is leased under an absolute NNN agreement. The lease includes rent increases, placing ongoing property-level obligations with the occupant as structured by the lease. The asset is operated by a corporate entity and is situated within the Phoenix MSA at 2627 W Southern Ave, Phoenix, AZ 85041.
The property is identified with a 6.75% capitalization rate and is associated with a preschool use under the current corporate operation. Its combination of recent construction, an absolute NNN lease, contractual rent growth, and corporate occupancy provides a clear framework for evaluating the asset as a single-tenant commercial investment.
The property is identified with a 6.75% capitalization rate and is associated with a preschool use under the current corporate operation. Its combination of recent construction, an absolute NNN lease, contractual rent growth, and corporate occupancy provides a clear framework for evaluating the asset as a single-tenant commercial investment.
Key Highlights
- 8,843‑square‑foot commercial property completed in 2020
- Absolute NNN lease with rent increases
- 100% corporate operator
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 85041, AZ
64,639
Population
19,729
Households
3.3
Avg Household Size
31
Median Age
19%
College-Educated
76%
High-School Grad
16.0 sq mi
ZIP Area
4,040
Density / Sq Mi
$70,555
Median Household Income
$40,006
Median Earnings
$1,612
Median Rent
$310,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - A 2020-built commercial asset leased on an absolute NNN structure with scheduled rent increases.
Where is this nnn property located?
The property is located at 2627 W Southern Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,843,037.
What are key features of this property?
This property features: 8,843‑square‑foot commercial property completed in 2020; Absolute NNN lease with rent increases; 100% corporate operator
