Phoenix Retail NNN Investment
For Lease
Contact for pricing
6175 S 35th Ave, Phoenix, AZ 85041
NNN leased retail property with scheduled rent increases in Phoenix.
Space Size7,000 SF
Days on Market520
Property Features for 6175 S 35th Ave
General Information
Standard status
Active
Size
7,000 SF
Property subtype
RETAIL
Spaces For Lease
at 6175 S 35th Ave Contact us- Floor
- Bldg
- Size
- 7,000 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
6175 S 35th Ave
- Across from a Walmart Supercenter
- One Grade Level Door
- Over 37,000 VPD at intersection
-...
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Listing Agency:
Rein & Grossoehme
(480) 214-9400
Listed By:
Jake Ertle
(480) 214-9419
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Sep 3
Last Checked: Sep 9 at 6:17PM
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 Rein & Grossoehme
Investment Insights
Based on property information with market context.
This retail property in Phoenix, Arizona, is leased to Waba Hair & Beauty Supply under an absolute triple-net (NNN) lease, meaning no landlord responsibilities. The building encompasses 7,000 square feet and is situated on a 40,000 square foot lot, providing ample parking and accessibility. The location benefits from high traffic, strong visibility, and consumer demand. The lease term is for 6 years, commencing on February 1, 2025, and expiring on January 31, 2031. The rent escalates from $84,000 annually for Year 1 to $136,990 annually for Year 2, with 3% annual increases throughout the remainder of the initial term. The tenant is experienced and operates 7 locations between Phoenix and Tucson, Arizona. The tenant has 15 days from the date of seller receiving an offer to exercise its right of first refusal.
Key Highlights
- Absolute Triple‑Net (NNN) Lease: Enjoy a truly passive investment with no landlord responsibilities.
- High‑Traffic Location: Positioned in a high‑traffic area of Phoenix, Arizona.
- Strong Rental Income: Rent escalates from $84,000 to $136,990 annually in Year 2, with 3% annual increases thereafter.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
171k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 86%
Apparel 6%
Dining 5%
Shops & Services 3%
Walmart
Superstores
146,157 visits/mo
0.3 miles
Goodwill
Apparel
10,353 visits/mo
0.4 miles
Filiberto's Mexican Food
Dining
8,462 visits/mo
0.3 miles
U.S. Bank
Shops & Services
5,812 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Phoenix, AZ
$17.84 /SF/Yr
Avg Asking Price
$1.19–$32 /SF/Yr
Price Range
6,213 SF
Avg Space Size
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - NNN leased retail property with scheduled rent increases in Phoenix.
Where is this retail space located?
The property is located at 6175 S 35th Ave Phoenix, AZ.
What are key features of this property?
This property features: Absolute Triple‑Net (NNN) Lease: Enjoy a truly passive investment with no landlord responsibilities.; High‑Traffic Location: Positioned in a high‑traffic area of Phoenix, Arizona.; Strong Rental Income: Rent escalates from $84,000 to $136,990 annually in Year 2, with 3% annual increases thereafter.
