HIGHLIGHTS
- New Construction Single-Tenant Fry’s Fuel Station Absolute NNN Ground Lease
- 15-Year Absolute NNN Ground Lease; Zero Landlord Responsibilities
- 10% Increases Every 5 Years (Beginning After Year 10)
- Store is Already Paying Rent and Scheduled to Open Next Month
- Large Parcel With 500 Feet of Frontage on 67th Street
- Investment-Grade Tenant: Parent company is Kroger Co. (NYSE: KR; S&P: BBB)
FOR SALE DETAILS
PRICE
$2,990,000 USD
PRICE/SF
$622 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fry's Fuel Station | Glendale, AZ
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.39 AC
LAND SF
60,548 SF
ZONING
-
APN/PARCEL ID
144-25-001D
ASK ABOUT THIS PROPERTY
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702-820-0070
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702-820-0070
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