2649 W Indian School Rd, Phoenix, AZ

Listing office Cushman & Wakefield | Phoenix Show Phone

Listing date Nov 25, 2025

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Overview

This retail property, located in Phoenix, Arizona, offers an investment opportunity with an absolute NNN lease structure, meaning no landlord responsibilities. The property is subject to a long-term primary lease with approximately 18 years remaining. The property is 2,943 square feet. The lease includes rental increases every five years, providing a hedge against inflation. The property may qualify for bonus depreciation.

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Restaurant Nail Salon Skin Care Clinic Pharmacy Hair Salon Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Phoenix

County

Maricopa

State

Arizona

Longitude

-112.117

Latitude

33.4945

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FAQs

What type of property is this?

Retail space - NNN retail property with long-term lease and rental increases.

Where is this retail space located?

The property is located at 2649 W Indian School Rd Phoenix, AZ.

What are key features of this property?

This property features: Absolute NNN lease offers a truly hands‑off investment.; Long term primary lease with approximately 18 years remaining provides stable income.; Attractive 5.60% CAP rate.