Downtown Phoenix Urban Dollar General Within Arizona State Governmental Mall | Absolute NNN Opportunity

1529 W Van Buren St Phoenix, AZ 85007

1529 W Van Buren St, Phoenix, AZ, 85007
1529 W Van Buren St, Phoenix, AZ, 85007
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$2,495,000
Cap Rate:
5.75%
Last Verified:
Jun 12, 2019

NEW METRO DOLLAR GENERAL LOCATION

Brand new 2018 modern prototype

GREAT DOWNTOWN LOCATION

In the heart of Downtown Phoenix; Located within the State of Arizona’s designated Governmental Mall

BRAND NEW 15-YEAR LEASE

Credit corporate guarantee with long-term 15-year net lease


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Map of 1529 W Van Buren St, Phoenix, AZ, 85007

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.