Your Properties Here!
Search Results for
3155 E Indian School Road - Arcadia Fiesta - McDonald's, Phoenix, 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.
Forward to a Colleague
3155 E Indian School Road - Arcadia Fiesta - McDonald's
Phoenix, AZ 85016-6807 - Central Scottsdale Ret Submarket
.95 AC (41,417 SF)
For Sale Price:
CBRE is pleased to present this single tenant corporate McDonald' s ground lease located at the hard southwest corner of 32nd Street and Indian School Road in Phoenix, Arizona.
The McDonald' s offering consists of a brand new 20 year absolute triple net (NNN) single tenant ground lease. The building is estimated to be 4,388 rentable square feet on approximately 41,419 square feet of land. The investment opportunity offers a very secure 20 year lease with the most well-known restaurant company in the world. The lease includes 10% rental increases every five years, including in the three (3), ten (10)-year option periods. It is very rare to see ten (10) year option periods on any McDonald' s leases or other single tenant investment properties.
The subject property is located in the heart of the Phoenix metropolitan area where real estate values are enhanced due to the lack of available land for development. The area boasts a large employment center with approximately 102,026 jobs within three miles and 332,056 jobs within a five mile radius. Major employers in the area include: Banner Health (±7,005 employees); Charles Schwab (±2,261 employees); Phoenix Children' s Hospital (±2,016 employees); Maricopa Integrated Health Systems (±2,000 employees); Greenberg Trauring LLP (±1,850 employees); Arizona Biltmore Resort (±700 employees); Cisco Systems (±691 employees) (Source: GPEC).
The Property is home to approximately 144,065 residents in a three mile radius and 270,367 residents in a five mile radius (Source: Claritas). The McDonald' s is prominently positioned at the intersection of two major thoroughfares, Indian School Road and 32nd Street, and is 1.5 miles north of the Loop 202/I-10 Freeway and approximately 2 miles east of SR 51 Freeway. The property benefits from the heavy traffic on Indian School Road with ±37,130 VPD, and 32nd Street with ±24,409 VPD (Source: City of Phoenix).
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
View all my listings
View all my listings
Share this listing
Link in an email, IM or chat
Embed on your web site or blog
Copy and paste this HTML into your blog or web page:
<a href="http://www.showcase.com/property/3155-E-Indian-School-Road/Phoenix/Arizona/9697979" target="_blank">3155 E Indian School Road - Arcadia Fiesta - McDonald's, Phoenix, AZ - Commercial property</a>
Share on Twitter
Share on LinkedIn
Share on Facebook
Share on MySpace
Share on StumbleUpon
Share on Digg
Add More Recipients
Add a personalized message: (Optional)
Copyright © 1997-2016 CoStar Realty Information, Inc. All rights reserved. |