HIGHLIGHTS
- ABSOLUTE NNN LEASE: Over 9 years remaining on initial 20-Year Absolute NNN Lease with attractive 1.75% rental increases annually
- TENANT: GC North Crossing, LLC owns & operates 3 Golden Corral locations
- EXTREMELY HIGH SALES LOCATION: Successfully open & operating since 2015 and Rent-to-Sales Ratio is less than 2%!
- LARGE PARCEL | TRAFFIC COUNTS: Situated on a large ±2.46-acre lot - pad site to a Lowe’s Home Improvement & Walmart Anchored Shopping Center
- Exceptional visibility & access along Northern Avenue with traffic counts of 29,450 CPD!
- 2025 DEMOGRAPHICS: Total Population (5MI): 499,601 | Average Household Income (1MI): $88,974
FOR SALE DETAILS
PRICE
$5,400,000 USD
PRICE/SF
$26 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
GOLDEN CORRAL – GLENDALE, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Bank, Fast Food, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
59th Ave
LAND ACRES
2.46 AC
LAND SF
107,158 SF
ZONING
C
APN/PARCEL ID
147-20-174
ASK ABOUT THIS PROPERTY
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480-718-5555
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480-718-5555
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