2901 E Bell Rd - Fast Food FOR SALE


Phoenix, AZ 85032- Paradise Valley North
$2,000,000 USD
480-221-4221
2901 E Bell Rd, Phoenix, AZ for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/8
null | 4.12% Cap Rate

2901 E Bell Rd
Phoenix, AZ 85032
Paradise Valley North


HIGHLIGHTS

  • 10+ Years Remaining | Scheduled Rental Increases | Options to Extend
  • Absolute NNN | Fee Simple Ownership
  • Signalized, Hard Corner | Piestewa Freeway | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Income

OVERVIEW

• The tenant currently has 10+ years remaining on their initial lease with 3 (5-year) options to extend • The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$809 USD /SF

CAP RATE

4.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

214-30-014E

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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