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2930 S Alma School Road - Ocotillo Plaza - Taco Bell, Chandler, AZ

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2930 S Alma School Road - Ocotillo Plaza - Taco Bell

Chandler, AZ 85286-4390 - Chandler Ret Submarket


Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:2000
Building Size:2,780 SF Land Area:.63 AC (27,386 SF)
For Sale Price:$2,400,000 Price/SF:$863.31
Cap Rate:7.26 %
Parking:32 Surface spaces are available
Features:Dedicated Turn Lane, Signalized Intersection, Drive Thru



Sale Notes:
Accepting Offers
Seller Guidance $2,400,000
Diligence 25 days
Total Escrow 45 days
Deposit $50K

Description for 2930 S Alma School Road, Chandler, AZ 85286
Investment Highlights:
• NNN Lease – The NNN lease structure provides stable cash flow with no landlord obligations.
• High Traffic Intersection - Over 75,000 vehicles pass the subject property per day at the high profile intersection of S. Alma School Rd and W Queen Creek Rd.
• Embedded in Dense Retail Hub - The subject property is an outparcel to Ocotillo Plaza shopping center and surrounded by dense retail on all four corners with nearby tenants including Albertson’s, Sprouts, OfficeMax, Starbucks, and Chase.
• Superior Demographics - Within a 5-mile radius, the population exceeds 195,000 with an average household income over $90,000.
• High Population Corridor – Chandler, AZ has realized phenomenal population growth of 50% since 2000 within a 5-mile radius of the subject property.
• Adjacent to Expanding Business Park - There is a Wells Fargo Business Park approximately 2 miles away with 2,500 employees to be expanded to over 5,000 employees based on Wells Fargo’s October 2013 proposal.
• Proven Franchisee – Westaco, Inc. is the largest Taco Bell franchise in the Phoenix metro area with approximately 40 Taco Bell restaurants.
• Strong Sales Location – The subject property is a top performing location, with significant year over year sales growth.

Investment Overview:
The property is a free-standing Taco Bell located at 2930 South Alma School Road, Chandler, Arizona.. The subject property has great visibility and access. Surrounding retailers include Sprouts, Ace Hardware, Albertson’s, OfficeMax, Wells Fargo, HomeGoods & many others.

Property Listed By: Joshua Jacob - HTX Realty, Inc.; NY RE #BR654120000 / 800-841-9682 or jjacob@htxrealty.com






Stan Johnson Company
David Bailey
(646) 778-5560

  
Stan Johnson Company
Bradly Richardson
(480) 607-4365




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