Two National Single Tenant Retail Globe, AZ

$1,827,000
For Sale
SKU: Globe-Miami, AZ
Property type: Retail

The space

  • Year Built: 2004
  • Total SqFt: 22,514
  • $/SqFt: $81.15
  • Cap Rate: 8.75%
  • Land Size: 117,176
  • Parking Spaces: 128

Description

Beall’s is a corporate guaranteed lease, in the building that was built for them. Beall’s is completing an extensive remodel without any Landlord contribution, strong Sales, and exercised their 2nd renewal option as of Feb 2018.

Aaron’s is a Corporate guaranteed lease, and has 7+ years left on their most recent lease extension of 10 years. They are not required to report sales, but have been at this location for approximately 12 years.

Both tenants are seasoned, with a strong commitment to this location and their local patrons

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Contact the Agent

ROBERT E. CRIDER

Vice President
Tel
(760) 809-4055
License #
01158595
Beall’s is a corporate guaranteed lease, in the building that was built for them. Beall’s is completing an extensive remodel without any Landlord contribution, strong Sales, and exercised their 2nd renewal option as of Feb 2018. Aaron’s is a Corporate…