1025 N 67th Ave - Freestanding FOR SALE


Phoenix, AZ 85043- Estrella
$2,200,000 USD
408-660-5991
1025 N 67th Ave, Phoenix, AZ for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/8
null | 5% Cap Rate

1025 N 67th Ave
Phoenix, AZ 85043
Estrella


HIGHLIGHTS

  • Dunkin' Donuts Lease with Approximately 13 Years Remaining on Lease Term.
  • Visible to over 95,000 Cars Per Day Via N 67th Ave.
  • Philly Cheese and Burger Co Triple Net Lease with 3 Years Remaining with Extension Options.
  • Near the I-10 Interstate.

OVERVIEW

This Dunkin’ Donuts investment opportunity offers a highly attractive triple-net (NNN) lease with approximately 13 years remaining on the lease term, providing a stable and predictable income stream. The property benefits from exceptional visibility, located on N 67th Ave with over 95,000 cars passing daily, ensuring strong customer exposure (Selling the property as is). Key investment highlights include: -Net Operating Income (NOI) of $111,000, delivering solid cash flow. -Positioned in a dense Phoenix infill area with 401,561 residents within a five-mile radius, reflecting a robust local market. -Convenient access near the I-10 Interstate, enhancing traffic flow and accessibility. -Surrounded by prominent tenants such as Jack in the Box, The Burger Den, McDonald’s, Living Spaces, and Circle K, which contribute to a vibrant commercial environment. -Includes an additional Philly Cheese and Burger Co triple-net lease with 3 years remaining and extension options, adding diversification and potential upside. -The average household income within the 5-mile radius exceeds $80,000, indicating strong consumer purchasing power. -This property represents a low-management, long-term investment with a reliable tenant in a high-traffic, economically strong location, ideal for investors seeking stable cash flow and minimal landlord responsibilities

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$610 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' Donuts And Philly Steaks & Burgers Co

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

PUD, Phoenix

APN/PARCEL ID

103-23-178B

ASK ABOUT THIS PROPERTY

Alex ZaiaZaia Group 6858More Info
408-660-5991

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Alex ZaiaZaia Group 6858More Info
408-660-5991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.