Star Mini Mart - Business & Real Estate — Sale in El Mirage, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: El Mirage, AZ 85335

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus and Millichap is pleased to present for sale a convenience store located in the Phoenix metropolitan area. Accessible by nearly 73,000 cars per day along Thunderbird Road and U.S. Highway 60, the subject property is conveniently located along a major thoroughfare, providing a direct route into downtown Phoenix. El Mirage is a growing suburb of Phoenix, with households and population projected to increase roughly three percent by 2029 within a five-mile radius of the subject property. The subject property is located a short 15-minute drive from Luke Air Force Base, the world’s largest fighter pilot training facility. Also located in close proximity to the subject property are Banner Boswell Medical Center, Surprise City Center, Peoria Sports Complex, and State Farm Stadium (home of the Arizona Cardinals). Investment Highlights: • Convenience Store for Sale in the Phoenix MSA • Growing Trade Area with Approximately 19,800 Residents within a One-Mile Radius • Population and Households Projected to Increase Approximately Three Percent in the Surrounding Area Over the Next Five Years • Highly Visible Location Along Thunderbird Road, Immediately Off U.S. Highway 60 - Accessible by a Combined Approximately 73,000 Cars per Day • Connected to Loop 101 and Loop 303, Two of the Area's Busiest Regional Highways, via U.S. Highway 60

Market Context

This retail in El Mirage, AZ is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in El Mirage, AZ — view the full market.

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