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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29052918
29052919

9110 W Thomas Rd, Phoenix, AZ 85037 For Sale

BM
TX 548333
Secure Net Lease
TH
TX 826482
Secure Net Lease
JC
TX 597891
Secure Net Lease
Listed by Secure Net Lease
$9,919,000
200 days on market
Updated 110 days ago

7-Eleven

Details
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 4,650
Cap Rate 5%
NOI $495,922
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 08/01/2040
Remaining Term 14
Rent Bumps Yes
Lease Options (3) 5-Year Renewal Options
Price per SqFt $2,133
Year Built 2025
Buildings 1
Stories 1
Acreage 1.260
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2025

5.00% CAP | Adjacent to Algadon Development (1.3M+ SF on 94+ Acres)

Investment highlights

  • Qualifies for 100% Bonus Depreciation

  • 2025 Construction. 4,650+/- SF Building on 1.26+/- Acre Site

  • Brand New 15-Year Absolute NNN Corporate Lease w/ 7.5% Rent Increases Every 5 Yrs. in Both Primary Term & (3) 5-Yr. Option Periods

  • Adjacent to Algadon Development (1.3M+ SF on 94+ Acres) – Master-Planned, Mixed-Use Commercial Project

  • Located at Thomas Rd (28,800+ VPD) and N 91st Ave (18,996+ VPD), Just Off Loop 101 (143,500+ VPD) & Just North of I-10 (188,300+ VPD)

  • Across from Banner Estrella Medical Center (317 Beds) & Phoenix Children’s Ophthalmology (Ranked Among “Best Children’s Hospitals”)

  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with 85k+ Locations Worldwide

  • Phoenix | Nation’s Most Populated Capital, 11th Largest Metro | Population: 1.72M+

Listing Contacts

BM
TX 548333
Secure Net Lease
TH
TX 826482
Secure Net Lease
JC
TX 597891
Secure Net Lease
Listed by Secure Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$495,922.00
$41,326.83/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Jim Mitchell
License
LC556376000
Brokerage
Retail Advisors SW
Brokerage Phone
602-957-4844
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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