16233 83rd Ave - Restaurant FOR SALE
Peoria, AZ 85382 |
$4,454,000 USD
310-295-1170
16233 83rd Ave
Peoria, AZ 85382
HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities, exp. February 2039
- Guarantor: Red Robin International, Inc. with 10% increases every 5 years
- 172,980 VPD at signalized corner of N 83rd Ave & W Paradise Ln
- Adjacent to Arrowhead Towne Center drawing 10M+ annual visitors
- Across from Peoria Sports Complex attracting 212k+ annual visitors
- Over 2M+ SF of retail within a 1-mile radius in ultra-dense corridor
FOR SALE DETAILS
PRICE
$4,454,000 USD
PRICE/SF
$704 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Red Robin
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.44 AC
LAND SF
62,726 SF
ZONING
PAD
APN/PARCEL ID
200-53-028H
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310-295-1170
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310-295-1170
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