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