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Single-Tenant Vacant-User

Former Carl's Jr.

10 N 24th St, Phoenix, AZ 85034

Listing Price: $950,000

Cap Rate
1.64%
Tenant Name
Wells Fargo
Years Remaining On Lease
1.9
Guarantor
Corporate Guarantee
Rentable SF
4,284
Lease Type
Tenant at Will
Rent Per Square Feet
$3.64

Investment Overview

Marcus & Millichap is pleased to present Former Carl’s Jr., an opportunity for an investor to purchase in the market of Phoenix, AZ. The Wells Fargo ATM located on the property pays an annual rent of $15,600 through 2023. The subject property is ideally located on a hard signalized intersection with a traffic count on 32,225 vehicles per day. It is also located less than 0.5 miles from the Phoenix Sky Harbor International Airport. This prime location has a variety of phenomenal core real estate drivers and is a great re-tenant or redevelopment opportunity.

Investment Highlights

  • Located on Hard Signalized Corner - N 24th St. & E Washington St.
  • Less Than 0.5 Miles Away From Phoenix Sky Harbor International Airport
  • Great Retenant or Redevelopment Opportunity
  • Wells Fargo ATM - Annual Rent of $15,600 through 2023
  • Traffic Count - 32,225 Vehicles Per Day
  • 328,366 Within 5 Miles

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Vice President / Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Single-Tenant Vacant-User

Former Carl's Jr.

Listing Price: $950,000

Cap Rate
1.64%
Tenant Name
Wells Fargo
Years Remaining On Lease
1.9
Guarantor
Corporate Guarantee
Rentable SF
4,284
Lease Type
Tenant at Will
Rent Per Square Feet
$3.64

Investment Highlights

  • Located on Hard Signalized Corner - N 24th St. & E Washington St.
  • Less Than 0.5 Miles Away From Phoenix Sky Harbor International Airport
  • Great Retenant or Redevelopment Opportunity
  • Wells Fargo ATM - Annual Rent of $15,600 through 2023
  • Traffic Count - 32,225 Vehicles Per Day
  • 328,366 Within 5 Miles

Investment Overview

Marcus & Millichap is pleased to present Former Carl’s Jr., an opportunity for an investor to purchase in the market of Phoenix, AZ. The Wells Fargo ATM located on the property pays an annual rent of $15,600 through 2023. The subject property is ideally located on a hard signalized intersection with a traffic count on 32,225 vehicles per day. It is also located less than 0.5 miles from the Phoenix Sky Harbor International Airport. This prime location has a variety of phenomenal core real estate drivers and is a great re-tenant or redevelopment opportunity.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Vice President / Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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