$4,588,000 USD
602-957-9800
9778 W McDowell Rd
Phoenix, AZ 85037
Crystal Gardens
HIGHLIGHTS
- New, long-term 15-year absolute NNN lease; landlord has ZERO responsibilities
- Brand-new freestanding building featuring rare drive-thru prototype—Shake Shack has ±39 drive-thru locations systemwide
- Outparcel to new high-profile shopping center anchored by Sprouts Farmers Market
- True investment grade tenant Shake Shack Inc. (NYSE: SHAK) with ±600 international locations and plans to expand to ±1,500
FOR SALE DETAILS
PRICE
$4,588,000 USD
PRICE/SF
$1,311 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
Single
STATUS
Proposed
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL SHAKE SHACK | NEW ABSOLUTE NNN LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
PUD
APN/PARCEL ID
102-33-522
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602-957-9800
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602-957-9800
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