1375 W Elliot Rd - Restaurant FOR SALE


Tempe, AZ 85284- South Tempe
$3,708,000 USD
480-531-0369
1375 W Elliot Rd, Tempe, AZ for Sale
$3,708,000 USD
Restaurant - FOR SALE
1/5
null | 6% Cap Rate

1375 W Elliot Rd
Tempe, AZ 85284
South Tempe


HIGHLIGHTS

  • EXCELLENT PROPERTY VISIBILITY: Subject property features direct frontage on Elliot Rd, sees over 56,000 VPD, and is less than a mile from I-10
  • PRIMARY RETAIL INFILL CORRIDOR: The site is a Costco outparcel and is by national retailers including Walmart, The Dump, Ikea, Life Time & more
  • HIGH DAYTIME EMPLOYMENT: Over 170,000 employees work within a 2 mile radius of the property, large employers include Swire Coco-Cola, Honeywell & more
  • DENSE RESIDENTIAL AREA: Property sits just minutes away from over 216,000 residents with an impressive house hold income of more than $98,000

OVERVIEW

Costco Outparcel. 30+ year operating history

FOR SALE DETAILS

PRICE

$3,708,000 USD

PRICE/SF

$515 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Robin

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,973 SF

ZONING

PCC-2

APN/PARCEL ID

301-53-059

ASK ABOUT THIS PROPERTY

Alec MillerSimonCREMore Info
480-531-0369

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Alec MillerSimonCREMore Info
480-531-0369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.