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 Market569
Property Features for 6175 S 35th Ave
General Information
Standard status
Active
Size
7,000 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Laveen
Spaces For Lease
at 6175 S 35th Ave
6175 S 35th Ave
AVAILABLE, Now
Floor
Bldg
Size
7,000 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Across from a Walmart Supercenter
- One Grade Level Door
- Over 37,000 VPD at intersection
- Excellent Visibility
- Zoned C-2, City of Phoenix
- Nearby Tenants:
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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: Oct 25
Last Checked: Oct 28 at 12:18PM
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
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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
Who owns this building?
See the owner, sales and loan history
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
View Realmo Analytics
Market
Lease Benchmarks for Phoenix, AZ
$20.28 /SF/Yr
Avg Asking Price
$2.65–$40 /SF/Yr
Price Range
6,057 SF
Avg Space Size
Vacancy Rate% for Retail in Phoenix, AZ
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.
