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Executive Summary

• Two fresh ten (10) year NN leases with O’Reilly Auto Parts (S&P: BBB) and Sherwin-Williams (S&P: BBB)
• Adjacent to Arizona Mills (Simon owned mall), The Home Depot, the Arizona Grand Resort & Spa, etc.
• Dense demos: approximately 19,969 people in a one mile radius and 116,139 in a three mile radius
• $82k annual average household income in a 3 mile radius
• 60,000+ vehicles per day at this intersection (approximately 42k on Baseline and 18k on Priest)
• One block from the I-10 (157k+ vehicles per day)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
13,813 SF
Building Class
C
Year Built
2003
Price
$7,830,204 CAD
Price Per SF
$566.87 CAD
Cap Rate
5.53%
NOI
$433,010 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.46 AC
Zoning
RCC - RCC - Regional Commercial Center - Tempe
Parking
56 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
154’ on Baseline Rd

Amenities

  • Bus Line
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Woodforest National Bank
Waffle House
Denny's
Johnny Rockets
Rainforest Cafe
Starbucks
Planet Fitness
Fry’s Food Stores

Property Taxes

Property Taxes

Parcel Number
123-25-049
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$663,424 CAD
  • Listing ID: 39195480

  • Date on Market: 2026-01-23

  • Last Updated:

  • Address: 1424 W Baseline Rd, Tempe, AZ 85283

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