4301 N Civic Center Plz, Scottsdale, AZ 85251

This exceptional investment opportunity presents a thriving bar and storefront located at 4301 N Civic Center Plaza in Scottsdale, Arizona. The property boasts a substantial 3,280 square feet situated on a 0.11-acre lot (APN 173-40-064B), operating under a 12-year NNN lease with a remaining term of 12 years. The current tenant, I-Mad Bar and Kitchen, generates a strong net operating income (NOI) of $126,000, yielding a compelling 4.00% cap rate at an asking price of $3,150,000. The property is zoned C-3/P-Z, Scottsdale, and was built in 1984. The lease features a flat rent until August 31, 2024, followed by a 5% annual increase commencing September 1st, 2024. This ensures consistent and growing income for the investor. This single-tenant property offers a secure and profitable investment in a desirable Scottsdale location, providing a stable and attractive return on investment. The property's strong tenant, favorable lease terms, and prime location make this an exceptional opportunity for discerning investors seeking a high-performing asset in a thriving market. The property is conveniently located in Maricopa County, Arizona, with the zip code 85251.