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5724 W Bell Rd
Glendale, AZ 85308
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Absolute NNN Lease.
- 2021 construction.
- 10% rent increases every 5 years.
EXECUTIVE SUMMARY
Absolute NNN investment opportunity with no landlord responsibilities. Tenant is one of the largest Dutch Bros franchise owners in the nation. 15 year lease with four 5-year options. Rent increases 10% every 5 years which is above standard compared to other Dutch Bros locations. Newer construction built in 2021.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
998 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$3,717,306 CAD
Price Per SF
$3,724.76 CAD
Cap Rate
4.63%
NOI
$171,998 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.99 AC
Zoning
C-C - C-C; Commercial
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 200-49-585C | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $146,821 CAD |
PROPERTY TAXES
Parcel Number
200-49-585C
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$146,821 CAD
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