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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 with a 5% pro forma cap rate based on rent escalation in June of 2026.
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
$3,759,388 CAD
Price Per SF
$3,766.92 CAD
Cap Rate
5%
NOI
$187,969 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 | $144,712 CAD |
Property Taxes
Parcel Number
200-49-585C
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$144,712 CAD
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