Investment Overview

Marcus & Millichap is pleased to present The Foothills Shops, a fully leased, two tenant NNN retail investment located at 4611 E Chandler Boulevard in Phoenix, Arizona. Situated in the affluent Ahwatukee Foothills market, the property is positioned as an outparcel to a high volume Kohl’s and benefits from strong visibility along Chandler Boulevard, immediate access to Interstate 10, and consistent traffic generated by surrounding national retailers and established residential neighborhoods. The property is anchored by Thrive Autism Services, an Arizona-based provider of in-clinic and in-home Applied Behavior Analysis therapy. Thrive recently executed a new six year lease and benefits from the support of a prominent private equity group. The second tenant, PostNet, is an established business and administrative services provider with approximately four years remaining on its lease. Both tenants operate under NNN leases and hold two five year renewal options with contractual rental increases, providing investors with stable cash flow, built in income growth, and long term income security.