HIGHLIGHTS
- Brand New 10-Year Absolute Triple-Net (NNN) Corporate Lease
- Annual Rental Increases with Multiple Renewal Options
- Dense Trade Area in the Heart of Phoenix's Midtown District - 404,080 Residents within a Five-Mile Radius
- Hard Corner Location at a Busy Intersection - Accessible by Over 99,000 Cars per Day Along Thomas Road and North 7th Street
- Subject Site is the 11th ChopShop Location in AZ and is the First Location to Feature an Order-Ahead Pick-Up Window - 27 Total Locations in the US
- Conveniently Located Near Numerous Apartment Buildings and Office Complexes Near Midtown and Downtown Phoenix - 46,783 Employees Located within 1 Mile
OVERVIEW
Original ChopShop is a Scottsdale-based brand with 27 locations throughout the Phoenix, Tucson, Dallas, Houston, and Atlanta markets. Original ChopShop serves protein bowls, juices, salads, and sandwiches made from scratch.
The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11th-largest metropolitan area.
FOR SALE DETAILS
PRICE
$3,810,000 USD
PRICE/SF
$1,338 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Original ChopShop - Phoenix, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.59 AC
LAND SF
25,526 SF
ZONING
C-1, Phoenix
APN/PARCEL ID
117-29-140A
ASK ABOUT THIS PROPERTY
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602-687-6780
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Please correct the highlighted field(s).
602-687-6780
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
