20035 John Wayne Pkwy Maricopa, AZ 85139
Property profile & analytics
20035 John Wayne Pkwy Maricopa, AZ 85139
- Medical Office Space
- 3,987 SF
- 0.73 lot acres
Property ID
US07-2558604
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Maricopa Animal Hospital / Veterinary Clinic
Property Details for 20035 John Wayne Pkwy
- Year built
- 2020
- Lot size
- 0.73 lot acres
- Property size
- 3,987 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 512-04-9190
- APU
- 512049190
Description
This exceptional investment opportunity presents a brand-new, 2024-built Hardee's/Carl's Jr. fast-food restaurant in Maricopa, Arizona. Located at 20035 N John Wayne Pkwy, this 2,855 square foot, single-tenant property sits on a 0.77-acre lot and boasts a prime location on a major thoroughfare with over 32,000 vehicles passing daily. The property features a double drive-thru for optimal customer convenience and high visibility. The absolute NNN lease with a corporate guarantee ensures a stable and predictable income stream. The current lease includes four (4) and five (5) year options, providing long-term security for the investor. The property benefits from a strong customer base, with approximately 61,819 residents within a 5-mile radius, boasting an average household income exceeding $105,000. This thriving area is experiencing significant population growth, fueled by over fifteen proposed residential developments encompassing more than 1,800 acres. The property's strong tenant, high visibility, and location within a rapidly expanding retail corridor, combined with a 5.10% cap rate and a net operating income (NOI) of $180,000, make this an attractive investment opportunity. The asking price is $3,529,000, translating to a price per square foot of $1,236.08. This property offers a compelling combination of strong current performance and significant future growth potential. The property is situated near other national retailers, including Sprouts Farmers Market, Marshalls, Dutch Bros Coffee, and Planet Fitness, further enhancing its desirability and market position.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Maricopa
- County
- Pinal
- State
- Arizona
- Longitude
- -112.047
- Latitude
- 33.0621
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$30,456
$23,842
$119,475
$143,317
-
$158,945
$796,498
$955,443
