**Investment Opportunity in Prescott Valley, AZ**
Discover an exceptional investment opportunity at 5737 E State Route 69, Prescott Valley, AZ 86314. This single-tenant absolute NNN ground lease boasts a favorable $4,000,000 sale price and an attractive 4.50% cap rate.
Key Highlights:
- Brand-new 15-year absolute NNN corporate ground lease with Raising Cane's
- Rent increases by 10% every 5 years, ensuring strong cash flow growth
- Prime location within the Prescott Valley Crossroads power center with significant daily traffic
- Tenant, Raising Cane's, is a rapidly expanding chain with a proven track record
The property, built in 2024, features a cutting-edge design with a double drive-thru and the latest Raising Cane's prototype building. With approximately 15 years remaining on the lease term, this is a long-term, hassle-free investment opportunity in a high-demand area. Don't miss your chance to own this impressive and income-generating asset.
Investment Highlights
INVESTMENT HIGHLIGHTS
Brand-New 15 Years Absolute NNN Corporate Ground Lease - Landlord has ZERO responsibilities.
10% increase to Rent Every 5 Years - throughout the primary term and options. Strong rent growth.
Brand-New 2024 Construction - Property features a double drive-thru and Raising Cane’s prototype building on the site.
Corporate Raising Cane’s Ground Lease - Raising Cane’s features some of the strongest unit economics, producing over $5.69 million per location.
Long-Term Corporate Lease - Approximately 15 years of remaining lease term providing for uninterrupted cash-flow potential.
LOCATION HIGHLIGHTS
Located in Prescott Valley Crossroads - One of the dominant power centers servicing the Prescott and Prescott Valley Trade areas.
High Traffic Location - Highway 69 features 40,000 cars per day.
Over 4.4m Annual Visits to Prescott Valley Crossroads - according to Placer.AI.
Outparcel Location - The store is prominently located along Arizona Highway 69, with outstanding visibility to the major thoroughfare connected Prescott Valley to Prescott and the I-17.
Large Trade Area - The shopping centers traffic comes from a wide trade area including Prescott Valley, Prescott, Dewey-Humboldt, Chino Valley, Cottonwood, Sedona and Camp Verde.