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Miscellaneous

Trevor's - 10 Yr Abs NNN Lease

12820 N Tatum Blvd, Phoenix, AZ 85032

Listing Price: $6,737,000

Cap Rate
5.50%
Tenant Name
Trevor's
Years Remaining On Lease
9.8
Guarantor
Personal Guarantee
Rentable SF
13,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.05

Investment Overview

Trevor's Liquor Store is a retail business specializing in the sale of alcoholic beverages, including a variety of wines, spirits, beer, and specialty liquors. Typically, liquor stores like Trevor's offer a broad selection of domestic and international products, catering to different customer preferences and budgets. The company likely focuses on providing excellent customer service, a knowledgeable staff to assist with product selection, and competitive pricing. Additionally, liquor stores may engage in promotions, loyalty programs, and community events to build customer relationships.
The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11thlargest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

Investment Highlights

  • 10 Year Absolute NNN Lease - 2.5% Annual Increases Starting in Year 6
  • Priced below replacement cost - Below market rent
  • Average Household Income Exceeds $130,000 within a 5-Mile Radius
  • Legacy Real Estate - A part of the 92-acre mixed use PV Mall Redevelopment Plan
  • Tenant has completed extensive buildout - interior includes restaurant, cigar bar, golf simulator bays, full liquor store, and more

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Miscellaneous

Trevor's - 10 Yr Abs NNN Lease

Listing Price: $6,737,000

Cap Rate
5.50%
Tenant Name
Trevor's
Years Remaining On Lease
9.8
Guarantor
Personal Guarantee
Rentable SF
13,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.05

Investment Highlights

  • 10 Year Absolute NNN Lease - 2.5% Annual Increases Starting in Year 6
  • Priced below replacement cost - Below market rent
  • Average Household Income Exceeds $130,000 within a 5-Mile Radius
  • Legacy Real Estate - A part of the 92-acre mixed use PV Mall Redevelopment Plan
  • Tenant has completed extensive buildout - interior includes restaurant, cigar bar, golf simulator bays, full liquor store, and more

Investment Overview

Trevor's Liquor Store is a retail business specializing in the sale of alcoholic beverages, including a variety of wines, spirits, beer, and specialty liquors. Typically, liquor stores like Trevor's offer a broad selection of domestic and international products, catering to different customer preferences and budgets. The company likely focuses on providing excellent customer service, a knowledgeable staff to assist with product selection, and competitive pricing. Additionally, liquor stores may engage in promotions, loyalty programs, and community events to build customer relationships. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11thlargest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

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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