NEC Norterra Pkwy & Happy Valley rd - Retail FOR SALE


Phoenix, AZ 85085- Deer Valley
$4,762,000 USD
602-957-9800
NEC Norterra Pkwy & Happy Valley rd, Phoenix, AZ for Sale
$4,762,000 USD
Retail - FOR SALE
1/1
null | 5.25% Cap Rate

NEC Norterra Pkwy & Happy Valley rd
Phoenix, AZ 85085
Deer Valley


HIGHLIGHTS

  • New, long-term 15-year absolute NNN ground lease; landlord has ZERO responsibilities
  • Brand-new freestanding building, part of new Union Street at Norterra development
  • Corporate guarantee from Firebirds International, LLC, with 70 locations and named one of 10 Breakout Brands by Nation's Restaurant News
  • Immediately adjacent to new dual-branded AC Hotel by Marriott and Element by Westin, providing consistent customer flow to current tenant base

FOR SALE DETAILS

PRICE

$4,762,000 USD

PRICE/SF

$785 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firebirds at Union Street

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Danny GardinerPhoenix Commercial AdvisorsMore Info
602-957-9800

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Danny GardinerPhoenix Commercial AdvisorsMore Info
602-957-9800

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