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Miscellaneous

Dunn-Edwards Paints | Corporate Guaranty

9156 W Peoria Ave, Peoria, AZ 85345

Listing Price: $3,477,600

Cap Rate
6.50%
Tenant Name
Dunn-Edwards Paints
Years Remaining On Lease
3.0
Gross SF
12,900
Guarantor
Corporate Guarantee
Rentable SF
12,900
Price/Gross SF
$269.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.52

Investment Overview

Marcus & Millichap is pleased to present for sale Dunn-Edwards Paints in Peoria, Arizona. Dunn-Edwards Paints® began as a small, family-owned business in 1925 that — through hard work and commitment to quality — has grown to become one of the country’s leading manufacturers and distributors of paints and painting supplies. Located about 30 minutes northwest of downtown Phoenix, Peoria began as a humble agricultural community and has blossomed into a rapidly-growing modern city that offers a high quality of living in the natural beauty of the Sonoran Desert.

Investment Highlights

  • Triple-Net (NNN) Lease with Corporate Guaranty
  • Eight Percent Rental Increases Every Five Years
  • Tenant has Operated at the Site for More Than 20 Years and Recently Extended their Lease
  • 299,683 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
  • Households Projected to Increase More Than Four Percent in the Surrounding Area Over the Next Five Years
  • Situated Immediately Off the Loop 101/Agua Fria Freeway (154,200 Cars per Day), a Major Phoenix Area Connector
  • More Than 49,000 Cars per Day at the Corner of Peoria Avenue and 91st Avenue
  • Direct Access via 91st Avenue to the Westgate Entertainment District - Home to State Farm Stadium (Super Bowl 2023), Tanger Outlets, and Desert Diamond Arena

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Miscellaneous

Dunn-Edwards Paints | Corporate Guaranty

Listing Price: $3,477,600

Cap Rate
6.50%
Tenant Name
Dunn-Edwards Paints
Years Remaining On Lease
3.0
Gross SF
12,900
Guarantor
Corporate Guarantee
Rentable SF
12,900
Price/Gross SF
$269.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.52

Investment Highlights

  • Triple-Net (NNN) Lease with Corporate Guaranty
  • Eight Percent Rental Increases Every Five Years
  • Tenant has Operated at the Site for More Than 20 Years and Recently Extended their Lease
  • 299,683 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
  • Households Projected to Increase More Than Four Percent in the Surrounding Area Over the Next Five Years
  • Situated Immediately Off the Loop 101/Agua Fria Freeway (154,200 Cars per Day), a Major Phoenix Area Connector
  • More Than 49,000 Cars per Day at the Corner of Peoria Avenue and 91st Avenue
  • Direct Access via 91st Avenue to the Westgate Entertainment District - Home to State Farm Stadium (Super Bowl 2023), Tanger Outlets, and Desert Diamond Arena

Investment Overview

Marcus & Millichap is pleased to present for sale Dunn-Edwards Paints in Peoria, Arizona. Dunn-Edwards Paints® began as a small, family-owned business in 1925 that — through hard work and commitment to quality — has grown to become one of the country’s leading manufacturers and distributors of paints and painting supplies. Located about 30 minutes northwest of downtown Phoenix, Peoria began as a humble agricultural community and has blossomed into a rapidly-growing modern city that offers a high quality of living in the natural beauty of the Sonoran Desert.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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