3510 W Peoria Ave - Fast Food FOR SALE


Phoenix, AZ 85029- North Mountain
$2,833,333 USD
858-373-3184
3510 W Peoria Ave, Phoenix, AZ for Sale
$2,833,333 USD
Fast Food - FOR SALE
1/11
null | 6% Cap Rate

3510 W Peoria Ave
Phoenix, AZ 85029
North Mountain


HIGHLIGHTS

  • Long Term NNN Lease Featuring Above Average 12.5% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Angie’s Sits within the Same Retail Center as a CVS Pharmacy, Goodwill and a Future Syctron Indoor Family Entertainment Center.
  • Strong Regional Population Growth: Metro Phoenix Continues To Rank Among the FastestGrowing Major Metro Areas Nationally.
  • Positioned Along Area’s Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility.
  • Growing Multi-Concept Regional Brand: Angie’s Operates 24+ Locations Across Arizona, Nevada, and Texas.

OVERVIEW

Angie’s Prime Grill w/ Drive Thru | Long Term NNN Lease | Growing Multi-Concept Regional Brand | Densely Populated & Affluent Area | Near Major Signalized Intersection | In Close Proximity to $850 Million Metropolitan Redevelopment | Minutes from Interstate-17 | Within Established Commercial Ecosystem | Strong Regional Population Growth Arizona Broker of Record: Ryan Sarbinoff | 2398 East Camelback Rd, Ste. 300 Phoenix, AZ 85016 | Lic #: BR675146000 | Ryan.Sarbinoff@MarcusMillichap.com

FOR SALE DETAILS

PRICE

$2,833,333 USD

PRICE/SF

$1,288 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ANGIE'S PRIME GRILL w/ DRIVE THRU | NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,978 SF

ZONING

C2

APN/PARCEL ID

149-32-666E

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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