Search Results for 

1210 N Scottsdale Road - Rio Salado Courtyard - Carl's Jr., Tempe, AZ

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
1210 N Scottsdale Road - Rio Salado Courtyard - Carl's Jr.

Tempe, AZ 85281 - South Scottsdale Ret Submarket

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1987
Building Size:3,171 SF Land Area:.75 AC (32,583 SF)
For Sale Price:$2,260,870 Price/SF:$712.98
Cap Rate:5.75 %
Parking:Free Surface spaces are available
Features:Bus Line, Pylon Sign, Signage, Drive Thru

Sale Notes:
The subject property is a NNN Carl's Jr with approx. 16 years remaining. The Franchisee, Starcorp, LLC just bought the operations to 150+ units. The tenant, Starcorp CJ, LLC operates 77 units.
Located in Tempe AZ the subject property is approx. 1.5 miles from Arizona State University and 2 miles from Downtown Scottsdale. In addition, a new 244 unit Class "A" Apartment complex was constructed next door.

NNN Lease with apprx. 16 years remaining and 5% increases every 5 years
Located 1.5 miles from Arizona State University (total enrollment of 83,000 students)
2 Miles from Downtown Scottsdale
Traffic Count of 35,000 Cars/Day
cap Rate becomes 5.77% in 2 years

Westwood Net Lease Advisors
Chris Schellin
(314) 997-5227 x801

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">1210 N Scottsdale Road - Rio Salado Courtyard - Carl's Jr., Tempe, AZ - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2017 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234