Cafe Zupas | Phoenix, AZ | 2023 Build to Suit 3225 W Peoria Ave

Investment Highlights

EXCELLENT PROPERTY VISIBILITY: Subject property features direct frontage on W Peoria Ave (+48,000 VPD), and is less than 1 mile away from I-17 OUTSTANDING DEMOGRAPHICS: The site sits in the middle of a dense populous area with over 450,000 residents in a 5-mile radius STRONG RETAIL SYNERGY: Located in a retail infill corridor, nearby tenants include Chick-fil-A, Starbucks, Ross Stores, PetSmart, Burlington and more ADJACENT TO MASSIVE NEW DEVELOPMENT: Seconds away from the $1 billion redevelopment of Metrocenter Mall

Executive Summary

2023 Brand New Construction | December Opening | High Visibility on Peoria Ave (?48,000 VPD)

• Sale Type    Investment
• Sale Condition    Build to Suit
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    3,600
• Year Built    2024
• Price    3,333,000
• Price Per SF    926
• Cap Rate    5.40
• NOI    180,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.10
• Land Acres    0.79 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.