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Angie's Burger | 20yr Abs NNN w/ Incrs 19671 Indian School Rd 1,724 SF Retail Building Buckeye, AZ 85396 $5,513,884 CAD ($3,198.31 CAD/SF) 5.82% Cap Rate
INVESTMENT HIGHLIGHTS
- Scheduled Rental Increases | Nearly 20 Years Remaining
- Village Grove at Verrado (169,570 SF) | Dense Retail Corridor
- Strong Demographics in 5-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | Management Free
- Signalized, Hard Corner Intersection | Interstate 10 (149,000 VPD)
EXECUTIVE SUMMARY
• The Lease is personally guaranteed by a former Salad & Go Founder
• Nearly 20 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and providing a hedge against inflation
• Nearly 20 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and providing a hedge against inflation
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,724 SF
Building Class
C
Year Built
2024
Price
$5,513,884 CAD
Price Per SF
$3,198.31 CAD
Cap Rate
5.82%
NOI
$321,062 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.72 AC
Zoning
C-2 - Community Commercial
Parking
14 Spaces (8.12 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Angie's Burger
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Angie's Burger | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 502-62-225A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $453,777 CAD |
PROPERTY TAXES
Parcel Number
502-62-225A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$453,777 CAD
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Angie's Burger | 20yr Abs NNN w/ Incrs | 19671 Indian School Rd
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