Description

Presenting the ARCO Gas Station at 1201 E Northern Avenue, Phoenix, AZ 85020, a premier investment opportunity featuring an Absolute NNN Lease with Westcoast Petroleum Newports AZ Corp. DBA ARCO AMPM. The lease has approximately 20 years remaining and includes 10% rent escalations every five years, providing both stability and long-term growth potential. The property is supported by a strong personal guaranty from a high-net-worth individual and operates under a franchisee with 18 locations, generating over $90 million in gross annual revenue. Situated on a hard corner with ±62,375 vehicles per day, the site enjoys excellent visibility and strategic placement in a densely populated trade area. With a solid 5.75% CAP rate, this investment offers a reliable, income-producing asset in the heart of Phoenix. This is a rare opportunity to acquire a high-performing, turnkey property backed by a well-established operator in a prime commercial location.