20035 N John Wayne Pkwy North John Wayne Parkway Maricopa, AZ

Property Type:
Single Tenant Retail (NNN)
Cap Rate:
Last Verified:
May 03, 2024

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HIGH VISIBILITY WITH GREAT ACCESS Site has direct frontage on N John Wayne Pkwy (I-347) (32,000+ VPD) with full access into the property’s double drive-thru. STRONG RETAIL CORRIDOR Located on Maricopa’s main thoroughfare, neighboring national tenants including Sprouts Farmers Market, Marshalls, Dutch Bros Coffee, Planet Fitness, and the #1 ranked Fry’s Food Stores in Arizona. CAPABLE CUSTOMER BASE The Property benefits from a large population of ±61,819 residents, earning an average household income of $105,000+, within a 5-mile radius. BOOMING POPULATION The City’s development focused mindset has brought 15+ proposed residential developments on 1,800+AC to support the growing economy and population.

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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.