5753 W Erie St
Chandler, AZ 85226

Home Depot · Industrial Property For Sale

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

ZONING

Zoning Code PAD (Planned Area Development)
  • Listing ID: 34566763

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 5753 W Erie St, Chandler, AZ 85226