Investment Highlights
Absolute NNN Lease | Zero Landlord Responsibility
Over 80,000 Cars Per Day at the Indian School Rd and 51st Ave Intersection
Total 2023 Revenue in Excess of $7.1 Billion
Situated on Indian School Road, a Major Thoroughfare in Phoenix, Ensuring High Visibility and Easy Access
Excellent Corporate Guaranty
Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
Executive Summary
We are excited to present this investment opportunity in Phoenix, Arizona, featuring a newly constructed property leased to The Habit Burger Grill. Located at 5110 West Indian School Road, this property enjoys high visibility on a major thoroughfare with over 80,000 daily vehicles, enhancing its accessibility and exposure.The Habit Burger Grill, a reputable tenant, has committed to a secure, absolute NNN lease, ensuring zero landlord responsibilities. This arrangement provides a stable income stream with an attractive 5.5% cap rate and periodic 10% rental increases every five years, aligning with the property's potential for growth in value.Situated on Indian School Road, a Major Thoroughfare in Phoenix, Ensuring High Visibility and Easy Access | Over 80,000 Cars Per Day at the Indian School Rd and 51st Ave IntersectionAdjacent to a Top 10% Performing Walmart Supercenter in the U.S. with Nearby Retailers Including: Ace Hardware, Dollar Tree, Walgreens, Raising Cane?s, and Many More National TenantsDirectly Across the Street from American Family Fields of Phoenix Baseball Park, Milwaukee Brewers Spring Training Field with 7,000+ SeatsExcellent Corporate GuarantyAbsolute NNN Lease | Zero Landlord ResponsibilityAttractive Rental Increases | 10% Every 5 Years, Including Option Periods
