5110 W Indian School Rd - Fast Food FOR SALE


Phoenix, AZ 85031
$2,900,000 USD
310-909-5426
5110 W Indian School Rd, Phoenix, AZ for Sale
$2,900,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

5110 W Indian School Rd
Phoenix, AZ 85031


HIGHLIGHTS

  • NNN Lease | Zero Landlord Responsibility
  • 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 Intersection
  • Excellent Corporate Guaranty
  • Total 2023 Revenue in Excess of $7.1 Billion
  • Attractive Rental Increases | 10% Every 5 Years, Including Option Periods

OVERVIEW

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, NNN lease, ensuring zero landlord responsibilities. This arrangement provides a stable income stream with an attractive 6.00% 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 Intersection Adjacent 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 Tenants Directly Across the Street from American Family Fields of Phoenix Baseball Park, Milwaukee Brewers Spring Training Field with 7,000+ Seats Excellent Corporate Guaranty Absolute NNN Lease | Zero Landlord Responsibility Attractive Rental Increases | 10% Every 5 Years, Including Option Periods

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$944 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Habit - NNN Lease - +7 Years Rem

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

144-44-321D

ASK ABOUT THIS PROPERTY

Robert NarchiMarcus & MillichapMore Info
310-909-5426

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Robert NarchiMarcus & MillichapMore Info
310-909-5426

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