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2120 N McQueen Rd 624 SF Retail Building Chandler, AZ 85225 $3,111,123 CAD ($4,985.77 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Absolute NNN Lease
- New 15 Year Lease
Executive Summary
Exclusively represented by ORION Investment Real Estate - Nick Miner, CCIM
Recently taken over by Black Rock Coffee, formerly occupied by Ziggi’s Coffee.
Strategically located within a high-traffic corridor, this site is surrounded by strong neighboring retail/traffic avenues, including CVS, Goodwill, Mesquite High School, Legacy Traditional School, Cobblestone Auto Spa, as well as growing residential communities and retail centers, driving consistent foot traffic and long-term demand.
Situated just north of the McQueen Rd and Warner Rd intersection, this site offers outstanding visibility and exposure to over 50,000 vehicles per day. With convenient access from McQueen or Warner Rd., it’s an ideal location for maximizing presence in a high-demand trade area.
Recently taken over by Black Rock Coffee, formerly occupied by Ziggi’s Coffee.
Strategically located within a high-traffic corridor, this site is surrounded by strong neighboring retail/traffic avenues, including CVS, Goodwill, Mesquite High School, Legacy Traditional School, Cobblestone Auto Spa, as well as growing residential communities and retail centers, driving consistent foot traffic and long-term demand.
Situated just north of the McQueen Rd and Warner Rd intersection, this site offers outstanding visibility and exposure to over 50,000 vehicles per day. With convenient access from McQueen or Warner Rd., it’s an ideal location for maximizing presence in a high-demand trade area.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
624 SF
Building Class
C
Year Built/Renovated
2018/2025
Price
$3,111,123 CAD
Price Per SF
$4,985.77 CAD
Cap Rate
5.50%
NOI
$171,091 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.79 AC
Zoning
PAD - Planned area development
Parking
10 Spaces (16.03 Spaces per 1,000 SF Leased)
Frontage
141’ on North McQueen Road
Amenities
- Corner Lot
- Restaurant
- Drive Thru
- Monument Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 302-29-479A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $119,463 CAD |
Property Taxes
Parcel Number
302-29-479A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$119,463 CAD
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2120 N McQueen Rd
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