PHOENIX, AZ 85009

Property Details Property Type Single-Tenant Retail — Liquor StoreAddress 2807 N 35th Ave, Phoenix, AZ 85009Tenant Thomas Liquor LLCGuaranty Corporate + Personal (2 principals)Occupancy 100%Building Area ±1,250 SFLand Area ±16,221 SF (0.37 AC)Zoning C-2, City of PhoeniAnnual Base Rent $78,676CAM Reimbursement $8,831Effective Gross Income $87,507Less: Landlord Insurance ($3,007)Net Operating Income $84,500Cap Rate on $1,250,000 6.76%T R I P L E N E T — T E N A N T C A R R I E S T H E O P E R A T I N G B U R D E NTenant pays property tax directly — $4,446 billed separately, never touches the landlordTenant carries roof, structure, HVAC, plumbing and all exterior maintenance under Section 6Tenant holds and pays its own electric, water, gas and trash accountsLandlord's sole recurring cost is $3,007 of building insurance, reimbursed through CAMC O N T R A C T U A L R E N T G R O W T H — N O T S P E C U L A T I O N3% fixed increase every lease year, compounding since month 13Next bump 10/1/2026 lifts base rent to $81,037 — NOI to $86,861, a 6.95% cap on basisRent has already stepped up from $6,000 to $6,556 per month with no vacancyT E R M A N D C O N T R O L10-year initial term runs 10/6/2022 through 9/30/2032 — roughly 6 years remainingTwo additional five-year options at the same 3% structurePersonal guaranty from both principals in addition to the corporate entitySeries 10 beer and wine license is site-specific — high tenant switching costL O C A T I O N A N D B A S I SHard frontage on 35th Ave, a primary north-south arterial through west PhoenixSurrounded by dense infill housing and the Grand Ave industrial corridor±16,221 SF C-2 parcel — a 13:1 land-to-building ratio with excess paved area and expansion optionalityMinutes from I-10 and Grand Ave, roughly four miles from downtown Phoenix YOU CAN CLICK THE WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND LOCK IT DOWN RIGHT NOW We work with Realtors and Wholesalers! Please add your fee on top.JOINT VENTURE?Need help moving a deal?Leverage our 5 million cash buyers nationwide on cartel mode.Call or text 480-457-0908 for more InformationDo not contact Seller. Escrow is opened and earnest money is in. Legal action will be taken against anyone contacting the Seller. Seller's are trained to communicate this to us, you will be banned/blacklisted from InvestorLift. Principle's only. Do not blast our deals without consent. Brendan Grey is Inactive agent in the state of Arizona