682 S Watson Rd - Fast Food FOR SALE


Buckeye, AZ 85326- West Valley
$2,282,000 USD
404-441-3849
682 S Watson Rd, Buckeye, AZ for Sale
$2,282,000 USD
Fast Food - FOR SALE
1/12
null | 5.25% Cap Rate

682 S Watson Rd
Buckeye, AZ 85326
West Valley


HIGHLIGHTS

  • Absolute NNN Lease
  • Long Operating History of 18 Years
  • Prime Interstate Location | Interstate 10 (88,764 VPD)
  • Outpad to Sundance Towne Center | 600,000 SF | Walmart Supercenter, Lowe's Home Improvement, PetSmart, Beall's Outlet, Dollar Tree, Boot Barn, etc.
  • Buckeye, AZ | One of the Fastest-Growing Cities in the Country
  • Phoenix-Mesa-Chandler, AZ MSA Advantage

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the KFC ground lease situated on 1.56 acres in Buckeye, AZ—a western component of the Phoenix, AZ MSA (Population: 5.1M). The absolute NNN ground lease features ±2.2 years of primary term remaining with 10% rent increases in the four 5-year renewal options. KFC’s 3,305-square-foot building was constructed in 2007, and the site boasts a long-term operating history of 18 years. The property is located on irreplaceable real estate within the ±600,000-square-foot Sundance Towne Center, which welcomed nearly 725,000 unique visitors across 7 million total visits during the last 12 months (Placer.ai). KFC is situated along South Watson Road (61,961 VPD), just feet from its intersection with West Sundance Avenue and a quarter mile south of Interstate 10 (88,764 VPD).

FOR SALE DETAILS

PRICE

$2,282,000 USD

PRICE/SF

$689 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,797 SF

ZONING

PAD

APN/PARCEL ID

504-19-960

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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