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Oct 10, 2019Newly Remodeled Mobil Gas Station, Car Wash & Auto Repair Center at Paradise Valley Mall

HIGHLIGHTS
+ Fully remodeled car wash tunnel with all new Sonny’s equipment.
+ Fully remodeled and remediated large 3,000 +/- sf convenience store.
+ Fully remodeled and rebranded gas station to Mobil.
+ 3,100 +/- sf Corporate offices on 2nd floor.
+ Large lot over 2 acres.
+ Real estate not included. Business only with NNN Lease.

PROPERTY DESCRIPTION
+ Parcel ID: 167-25-013
+ Year established: 1992 (fully remodeled 2019)
+ Stories: 2
+ Fully remodeled car wash tunnel with all new Sonny’s equipment.
+ Fully remodeled and remediated large 3,000 +/- sf convenience store.
+ Fully remodeled and rebranded gas station to Mobil.
+ 3,100 +/- sf Corporate offices on 2nd floor.
+ Large lot over 2 acres.

LOCATION DESCRIPTION
+ Northeast corner of N. Paradise Village Pkwy. & E. Cactus Rd. next to Paradise Valley Mall with convenient freeway access to I-17.
+ Situated on a major thoroughfare with population nearly 110,000 within 3 miles.
+ Average household income over $100k (3 Miles)
+ Paradise Valley Mall has a gross leasable area of 1,222,353 SF and is surrounded by major retailers. The surrounding complex of stores have become a major regional retail center in Phoenix Arizona, drawing shoppers from all parts of the metropolitan area.
+ Next to Dutch Bros. Coffee

DEMOGRAPHICS
+ Population: 16,404 (1 mile); 107,143 (3 mile); 233,193 (5 miles).
+ Population is expected to increase nearly 7% within a mile by 2024.
+ Average household income: $70,898 (1 mile); $100,641 (3 miles); $97,646 (5 miles).
+ Median home value over $325k within three miles.
+ Average daily traffic of 16,071 vehicles on N. Paradise Village Pkwy.
+ Average daily traffic of 34,340 vehicles on E. Cactus Rd.

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