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2333 S Val Vista Drive - Sodalicious, Gilbert, AZ

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2333 S Val Vista Drive - Sodalicious

NEC Val Vista Dr & Williams Field Rd
Gilbert, AZ 85295-5532 - Gilbert Ret Submarket

(181.6 KB)

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:2006
Building Size:2,880 SF Land Area:.89 AC (38,768 SF)
For Sale Price:$1,065,000 Price/SF:$369.79
Cap Rate:6.75 %
Parking:34 Surface spaces are available
Features:Drive Thru

The subject property is located near the intersection of Val Vista Road and Williams Field Road in one of the fastest growing areas of Gilbert. Conveniently located around the corner from a variety of dining, shopping and entertainment opportunities the site also benefits from its easy access to anywhere in the valley with the Loop 202, Loop 101 and US 60 Freeways just minutes away.

Sale Notes:

--New five (5) year lease with personal guarantee and ±2% annual increases

--Desirable ±2,880 square foot building with drive-thru in a dynamic real estate location

--Absolute NNN lease means landlord has NO responsibilities and tenant is responsible for all maintenance and expenses

--Sodalicious has 9 stores in Utah and Arizona

--Replaceable rent with future rent growth

Phoenix Commercial Advisors
Chad Tiedeman
(602) 288-3472

Danny Gardiner
(602) 385-1328

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