4916 E Chandler Blvd - Fast Food FOR SALE


Phoenix, AZ 85048- Ahwatukee
$2,376,000 USD
303-884-6659
4916 E Chandler Blvd, Phoenix, AZ for Sale
$2,376,000 USD
Fast Food - FOR SALE
1/7
null | 5.75% Cap Rate

4916 E Chandler Blvd
Phoenix, AZ 85048
Ahwatukee


HIGHLIGHTS

  • 5 Years Remaining | Scheduled Rental Increases | Strong Operator (140 Units)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Situated Along E Chandler Blvd | Interstate 10 | Dense Retail Corridor | Ahwatukee Foothills Towne Center
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant currently has 5 years remaining on their initial lease with 2 (5-year) options to extend, demonstrating their commitment to the site • The lease features a 7.50% increase in Jan. of 2028 and continuing in the options thereafter, growing NOI and hedging against inflation • StarCorp LLC is the franchisee guarantor and operates more than 140 Carl’s Jr. and Hardees locations, making it one of the brand’s most successful operators

FOR SALE DETAILS

PRICE

$2,376,000 USD

PRICE/SF

$621 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carl's Junior

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C-2, Phoenix

APN/PARCEL ID

301-84-712

ASK ABOUT THIS PROPERTY

Steven RobertsSRS Real Estate PartnersMore Info
303-884-6659

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Steven RobertsSRS Real Estate PartnersMore Info
303-884-6659

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