5753 W Erie St
Chandler, AZ 85226
Home Depot · Industrial Property For Sale
![5753 W Erie St, Chandler, AZ for sale - Primary Photo - Image 1 of 4](https://images1.loopnet.com/i2/au-Zj8Pz6VWp0SLdVF1UkA_EAz5_b0CDHYbBSdT2A80/110/5753-W-Erie-St-Chandler-AZ-Primary-Photo-1-Large.jpg)
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INVESTMENT HIGHLIGHTS
- Investment NNN deal with Home Depot Leased Through April 2030
- $20,578 NNN Monthly Income with 4% Increases
- Starting Cap Rate of 5.75% with an Average Cap Rate of 6.25%
- 14,948 SF Building Fully Renovated in 2024
EXECUTIVE SUMMARY
This Investment NNN opportunity is fully leased to Home Depot through April 2030! The building was completely renovated in 2024 with Home Depot bringing in $20,578/Month NNN income with 4% annual increases, yielding a starting 5.75% cap and an average 6.25% cap. The property sports 14,948 SF with grade level loading, a 14' clear height, PAD zoning, sprinklers, and 1,600 Amps, 240/120V heavy power.
PROPERTY FACTS
Sale Type | Investment NNN |
Cap Rate | 5.75% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 0.86 AC |
Rentable Building Area | 14,948 SF |
No. Stories | 1 |
Year Built/Renovated | 1996/2024 |
Tenancy | Single |
Parking Ratio | 0.6/1,000 SF |
Clear Ceiling Height | 14’ |
No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Fenced Lot
- Air Conditioning
PROPERTY TAXES
Parcel Number | 301-87-019 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $154,642 |
ZONING
Zoning Code | PAD (Planned Area Development) |