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10105 W McDowell Rd
Avondale, AZ 85392
Gateway Crossing · Retail Property For Sale
Investment Highlights
- 100% occupied, two-tenant NNN retail asset leased to Boot Barn and OX Korean BBQ
- Both leases feature 10% rental escalations providing a hedge against inflation
- Exceptional I-10 freeway visibility with exposure to 216,000+ vehicles per day
- Boot Barn ranked 82nd percentile in AZ and 84th percentile nationally — top performer
- OX Korean BBQ backed by a $15M LLC Guarantee from experienced restaurant group
- Class A building built in 2017 within one of Avondale's premier retail corridors
Executive Summary
David Harrington
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,500 SF
Building Class
B
Year Built
2017
Price
$11,011,924 CAD
Price Per SF
$449.47 CAD
Cap Rate
6.30%
NOI
$693,760 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
14.15 AC
Opportunity Zone
Yes
Zoning
PAD
Frontage
67’ on W McDowell Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | 102-54-071 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $655,059 CAD |
Property Taxes
Parcel Number
102-54-071
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$655,059 CAD
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