About This Restaurant
Investment Highlights
Brand-new 15-year absolute NNN corporate ground lease; landlord has ZERO responsibilities Brand-new 2024 construction; property will feature a double drive-thru Strong 10% increases every 5 years through the primary term and five, five-year option periods Located at high-traffic intersection of I-10 Highway and Chandler Boulevard with nearly 224,000 vehicles per day
Executive Summary
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding Fast Food
- Building Size 3,181
- Building Class B
- Year Built 2024
- Construction Status Under Construction
- Price 3,611,000
- Price Per SF 1,135
- Cap Rate 4.50
- NOI 162,500
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 1.40 AC
Amenities
- Freeway Visibility
- Restaurant
- Security System
- Air Conditioning
Nearby Amenities & Transportation
| Retail | Rudy's BBQ | ||
| Retail | Denny's | ||
| Retail | The Coffee Bean & Tea Leaf | ||
| Retail | Cracker Barrel Old Country Store | ||
| Retail | LA Fitness | ||
| Retail | MidFirst Bank | ||
| Retail | CrossFit | ||
| Retail | Waffle House | ||
| Retail | Starbucks | ||
| Retail | Tokyo Joe's |
Property Taxes
| Parcel Number | 301-84-118A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $171,065 |
| Date Created: | 2024-07-16 04:09:20 | Last Updated: | 2024-07-16 04:09:20 |
| Address: | 7450 W Blvd , Chandler, Arizona, 85226 | ||