This listing is under contract.
Just Listed: Goodwill Gilbert, AZ | Attractive 6.0% Cap Rate | $127,568 Average 3 Mile Household Income
4570 S Higley Rd
Gilbert, AZ 85297
UNDER CONTRACT FOR SALE NNN Property
Property Type:Single Tenant Retail (NNN)
Last Verified:Nov 11, 2020
- Single-tenant Goodwill investment opportunity, offering a 15-year lease with ±10.5 years remaining.
- Attractive 10% rental increases every five years in the initial term and throughout the two (2), five-year options.
- Goodwill of Central Arizona was founded in 1947 and is one of the oldest and largest non-profit organizations in the state.
- Goodwill of Central Arizona operates ±108 retail stores in the Phoenix-metro area, including Prescott and Yuma.
- Exceptional demographics in a five-mile radius, with a 2010-2020 annual population growth rate of 3.76% and 2020 average household income of $127,834 (Source: Esri).
- Nearby national retailers include Lowe’s Home Improvement, Chase Bank, Starbucks, Verizon Wireless, and more.