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10125 W McDowell Road - Gateway Crossing - Claim Jumper, Avondale, AZ

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10125 W McDowell Road - Gateway Crossing - Claim Jumper

SWC of McDowell Rd & 99th Ave
Avondale, AZ 85392-4895 - Loop 101/I-10 Ret Submarket

(733.3 KB)

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:2007
Building Size:7,134 SF Land Area:2.8 AC (122,147 SF)
For Sale Price:For Sale Price/SF:-
Cap Rate:6.50 %
Parking:Free Surface spaces are available; Ratio of 8.41/1,000 SF
Features:Freeway Visibility, Pylon Sign, Restaurant, Signalized Intersection

This building is part of Gateway Crossing Power Center. Area retailers include Costco, Wal-Mart, Harkins Theaters, Lowe's, and Sportmart. This center is located in the center of a regional trade area, located at the confluence of Interstate 10 and the Loop 101, connecting areas from Glendale to the north, Buckeye to the west, and downtown Phoenix.

Sale Notes:

Stan Johnson Company is pleased to offer for sale to qualified investors an attractive retail property 100% leased to Claim Jumper located in Avondale, AZ.

Today there are 42 Claim Jumper Restaurants located throughout Arizona, California, Illinois, Louisiana, Nevada, New Mexico, Oregon, Tennessee and Washington. Claim Jumper is now wholly owned by Landry’s Restaurants, Inc., a private company led by CEO Tilman Fertitta.

NNN Lease

No Landlord Lease Responsibilities.

3% Annual Increases

Premium rental escalations to increase cash flow each year.

Highly Successful Shopping Center

Located as an outparcel pad to a 100% occupied center. The occupancy in this center actually increased during the downturn with 100% renewals on all the existing leases giving it basically zero turnover.

Stan Johnson Company
Bradly Richardson
(480) 607-4365

Clint Robison
(480) 607-4365

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