About This Restaurant
Investment Highlights
Strong Credit 2 Tenant Retail Investment Long Lease Term Remaining Top 10 Fry's Anchored property Stand Alone Building w/ Drive Trhu High Growth Area Replaceable Rent and Fee Simple Ownership
Executive Summary
Welcome to an exceptional investment opportunity in Surprise, AZ! This property offers a rare chance to acquire a two-tenant NNN retail investment strategically located at a high-traffic intersection, with a Fry's Fuel Station nearby. With a 5.25% cap rate and NOI of $175,781, this stand-alone building features dominant frontage on Greenway Rd and benefits from strong national co-tenancy. The long lease terms remaining, high-visibility location, and the presence of internet-resistant tenants make it an attractive option for investors. The property was built in 2019 and remodeled in 2023, ensuring a modern and well-maintained investment. Don't miss out on this top-performing location in one of the fastest-growing cities in America, offering fee-simple ownership and excellent growth potential. Contact us today for more information.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Retail
- Building Size 3,850
- Building Class B
- Year Built/Renovated 2019/2023
- Price 3,348,210
- Price Per SF 870
- Cap Rate 5.25
- NOI 175,781
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 0.88 AC
Amenities
- Restaurant
- Drive Thru
Property Taxes
| Parcel Number | 501-12-921 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $194,776 |
| Date Created: | 2024-07-16 04:09:20 | Last Updated: | 2024-07-16 04:09:20 |
| Address: | 17063 W Greenway Rd , Surprise, Arizona, 85388 | ||