5737 E State Route 69 - Restaurant FOR SALE


Prescott Valley, AZ 86314
$4,000,000 USD
602-820-8725
5737 E State Route 69, Prescott Valley, AZ for Sale
$4,000,000 USD
Restaurant - FOR SALE
1/6
null | 4.5% Cap Rate

5737 E State Route 69
Prescott Valley, AZ 86314


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

OVERVIEW

**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.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,300 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raising Cane's - Prescott Valley

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

-

APN/PARCEL ID

103-09-250A

ASK ABOUT THIS PROPERTY

Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

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Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

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