Goodwill

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43240 N Black Canyon Hwy
New River, AZ

Price: $6,740,000
Cap Rate: 5.75%
NOI: $387,500
Building Size: Approx. 24,932 Sq. Ft.
Lot Size: Approx. 3.13 Acres
Status: Sale Pending
Type: Single-Tenant / Retail
Sub Category: Retailer
Year Built: 2018

Investment Overview

  • 2018 Construction. 24,932+/- SF Building on 3.13+/- Acre Site
  • New 15-Year NNN Lease with 10% Rent Bumps Every 5-Yrs
  • Located along I-17 (61K VPD), just North of Phoenix, AZ
  • Adjacent to the Outlets @ Anthem (293,000 SF) Center
  • Near Walmart, Chase, Discount Tire, Starbucks, Safeway
  • 1.4-Miles E of Canyon Springs School (804 Student Enroll)
  • Local Attractions: Lake Pleasant | Mazatzal Peak | Anthem Park
  • Major Employers: State of AZ | Banner Health | Bank of America |Intel
  • 5-Mile Radius: Estimated Pop: 40,795 l  3-Mile Avg HH Income:  $125,284
  • Phoenix Metro: $215 Billion in GDP | Fastest Growing Metro in the U.S