13756 W Bell Rd - Restaurant FOR SALE


Surprise, AZ 85374- Briarwood
$3,616,000 USD
602-687-6780
13756 W Bell Rd, Surprise, AZ for Sale
$3,616,000 USD
Restaurant - FOR SALE
1/5
null | 6.75% Cap Rate

13756 W Bell Rd
Surprise, AZ 85374
Briarwood


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease With Annual Rental Increases
  • Located in Surprise Towne Center & Marketplace, a Major Retail Center Surrounded by National Tenants Including Walmart, Target, The Home Depot, etc.
  • Applebee's Operates 1,600+ Locations Worldwide
  • Easily Accessible by US Route 60 (67,800 CPD), W Bell Road (48,020 CPD), and Litchfield Rd (22,030 CPD)
  • 225,970 Residents within a 5-Mile Radius in Growing Phoenix MSA Trade Area
  • Average Household Income Exceeds $90,000 Within the Surrounding Area

OVERVIEW

As one of the world’s largest casual dining brands, Applebee’s is a go-to dining destination in neighborhoods throughout the United States and abroad. Their guests know they can always count on Applebee's for a delicious and affordable meal, refreshing and fun drinks, and a come-as-you-are welcoming environment. RMH Holdings Inc operates 132 units in 14 states. The company provides world-class management services to some of America’s most popular restaurants. Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.

FOR SALE DETAILS

PRICE

$3,616,000 USD

PRICE/SF

$709 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's @ Surprise Towne Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

PAD

APN/PARCEL ID

503-66-032A,503-66-033

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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