About This Restaurant
Investment Highlights
15 Year Absolute Net Lease Feat. 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2024 High Quality Construction. Strong Daytime Employment Area - Near Numerous Established Business Parks, Medical, Regional Office Spaces, Dealerships, Distribution Centers, etc Adjacent to a Premium Commercial/Mixed-Use Project with multiple Office Buildings, a 5-Story Hotel, Retail, Restaurants and more. Positioned Along Area?s Traffic, Medical and Retail Corridor - Features Easy Access & Excellent Visibility at a Hard Corner. Chipotle has an Annual Revenue in Excess of $8.63 Billion, a Total Net Worth of more than $2.36 Billion and is Ranked #450 on the Fortune 500 List. Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
Executive Summary
15 Year Absolute Net Lease | Premier Hard Corner Location - Epicenter of Activity | One of the Busiest Intersections in the East Valley | Strong Daytime Employment Area | Adjacent to Premium Mixed-Use Development | Walking Distance from Major Medical Center | Immediate Area Experiencing Major Growth | Densely Populated and Affluent AreaArizona Broker of Record: Ryan Sarbinoff | License: BR675146000
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
- Building Size 2,400
- Year Built 2023
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.06
- Land Acres 0.97 AC
Property Taxes
Parcel Number | 304-53-567 | Improvements Assessment | $114,090 |
Land Assessment | $0 | Total Assessment | $114,090 |
Date Created: | 2024-07-16 04:09:21 | Last Updated: | 2024-07-16 04:09:21 |
Address: | 3765 Val Vista , Gilbert, Arizona, 85297 |