Costco Outparcel | +30 Year Operating History
1375 W Elliot Rd
Tempe, AZ 85284
FOR SALE
NNN Property
Property Type:
RestaurantAmount:
$3,708,000
Cap Rate:
6.00%Last Verified:
Aug 28, 2023Daily Email Blast
0 times
**EXCELLENT PROPERTY VISIBILITY**
Subject property features direct frontage on Elliot Road, sees over 56,000 vehicles per day, and is less than a mile from the I-10.
**PRIMARY RETAIL INFILL CORRIDOR**
The site is located in a Costco outparcel and is surrounded by a host of national retailers including Walmart, The Dump, Ikea, Life Time Fitness, Starbucks, PetSmart, Taco Bell, At Home, Staples, Dollar Tree and a host of others.
**HIGH DAYTIME EMPLOYMENT**
Over 170,000 employees work within a 2 mile radius of the property, large employers include Swire Coco-Cola, Honeywell, American Airlines, Circle K corporate, and many more.
**DENSE RESIDENTIAL AREA**
Property sits just minutes away from over 216,000 residents with an impressive house hold income of more than $98,000.