Discount

Salvation Army - High Profile Site

4920 S Arizona Ave, Chandler, AZ 85248

Listing Price: $3,391,000

Cap Rate
5.75%
Tenant Name
The Salvation Army, a California Corporation
Years Remaining On Lease
4.7
Guarantor
No Guarantee
Rentable SF
13,929
Lease Type
Double Net
Rent Per Square Feet
$14.00

Investment Overview

The Salvation Army is a Christian church and an international charitable organization. The organization reports a worldwide membership of over one and a half million people, consisting of officers, soldiers, and adherents. Founded in London, United Kingdom in 1865, today The Salvation Army assists approximately 23 million Americans annually and serves in 130 countries around the globe.

Investment Highlights

  • Four and a Half Years Remaining on Corporate Lease with The Salvation Army
  • 10 Percent Rental Increases Every Five Years
  • 164,367 Residents in Growing Chandler Trade Area - Households Projected to Increase Over 18 Percent in Immediate Area by 2025
  • Over 37,000 Cars Per Day at the Intersection of South Arizona Avenue and Chandler Heights Boulevard
  • Affluent Trade Area - Average Household Income Exceeds$166,000 within One Mile

Exclusively Listed By

Discount

Salvation Army - High Profile Site

Listing Price: $3,391,000

Cap Rate
5.75%
Tenant Name
The Salvation Army, a California Corporation
Years Remaining On Lease
4.7
Guarantor
No Guarantee
Rentable SF
13,929
Lease Type
Double Net
Rent Per Square Feet
$14.00

Investment Highlights

  • Four and a Half Years Remaining on Corporate Lease with The Salvation Army
  • 10 Percent Rental Increases Every Five Years
  • 164,367 Residents in Growing Chandler Trade Area - Households Projected to Increase Over 18 Percent in Immediate Area by 2025
  • Over 37,000 Cars Per Day at the Intersection of South Arizona Avenue and Chandler Heights Boulevard
  • Affluent Trade Area - Average Household Income Exceeds$166,000 within One Mile

Investment Overview

The Salvation Army is a Christian church and an international charitable organization. The organization reports a worldwide membership of over one and a half million people, consisting of officers, soldiers, and adherents. Founded in London, United Kingdom in 1865, today The Salvation Army assists approximately 23 million Americans annually and serves in 130 countries around the globe.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower