Rogers Ranch Shopping Center Phoenix | 100% Occupied | AutoZone and Taco Bell Pads Included
NEC 51st Avenue & Baseline Road
Laveen (Phoenix), AZ 85339
Property Type:Neighborhood Center
Last Verified:Jan 18, 2018
- Rogers Ranch is ±100% occupied with a complimentary mix of tenants, including; Taco Bell, AutoZone, Jimmy John’s, Native Grill & Wings, Little Caesars Pizza and AT&T, among others.
- 7.10% Cap Rate.
- Additional retailers within the Rogers Ranch Shopping Center include CVS, Carl's Jr., and Panda Express.
- The Shoppes at Rogers Ranch offer very attractive rental increases across the majority of the tenancies.
- AutoZone has below market rent of $69,576 or $9.45/SF annually, creating tremendous long-term upside at less than half the market rent. Taco Bell is also on a ground lease with below market rent.
- Strategically located on the NEC of 51st Avenue & Baseline in Phoenix, AZ. The intersection has more than 500,000 square feet at nearly 100% occupancy and includes national major retailers: Home Depot, Fry’s (Kroger), LA Fitness and Safeway, to name a few.
- Offered free and clear of existing financing. Available for immediate close of escrow.