Nwc Dysart Rd & Bell Rd Surprise, AZ 85378
- Retail properties
- 4,741 SF
- 1.94 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Nwc Dysart Rd & Bell Rd
- Year built
- 2024
- Lot size
- 1.94 lot acres
- Property size
- 4,741 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, 4,741-square-foot 7-Eleven convenience store and gas station located at the northwest corner of Dysart Road and Bell Road in Surprise, Arizona. Built in 2024, the property sits on a 1.937-acre lot and boasts a 15-year absolute NNN lease with a corporate guarantee from 7-Eleven, the world's largest chain store operator. The lease features 10% rent increases every five years and includes six five-year renewal options, ensuring long-term, stable income. The property benefits from a high-traffic location with over 45,695 combined vehicles per day on Dysart and Bell Roads, and is situated in the heart of the Northwest Phoenix MSA, serving a population exceeding 1.03 million within a 30-minute drive. Its proximity to Surprise Stadium, home to spring training for the Kansas City Royals and Texas Rangers, further enhances its appeal. The property's strong financials include a 5.00% cap rate and a net operating income (NOI) of $468,708, with a sale price of $9,374,000 and a price per square foot of $1,977.22. The lease commenced September 1, 2024, and expires September 1, 2039, offering a remaining lease term of approximately 14.8 years. This is a rare opportunity to acquire a high-performing, low-risk investment in a prime location with significant growth potential. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.342
- Latitude
- 33.6386
