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Wienerschnitzel 6030 W Thunderbird Rd 1,694 SF Retail Building Glendale, AZ 85306 $2,315,744 CAD ($1,367.03 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- True "Triple Net" (absolute net) lease- Rent received shall be net of any expenses of operating the premises, including roof and structure.
- Recently Upgraded (paint and paving)
- Lease term is 10 years+
- Near Chick-Fil-A, Raising Canes and Fry's Market.
EXECUTIVE SUMMARY
No Landlord operating expenses from NOI.
Below market rent with 2.5% annual increases and percentage rent provision (6% of gross sales).
2024 Sales were $1,419,221
Corporate Guarantee- Galardi Group
Tenant has ROFO (expires 11/21)
Below market rent with 2.5% annual increases and percentage rent provision (6% of gross sales).
2024 Sales were $1,419,221
Corporate Guarantee- Galardi Group
Tenant has ROFO (expires 11/21)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,694 SF
Building Class
C
Year Built
2001
Price
$2,315,744 CAD
Price Per SF
$1,367.03 CAD
Cap Rate
5.25%
NOI
$121,577 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.85 AC
Zoning
PAD
Parking
14 Spaces (8.26 Spaces per 1,000 SF Leased)
Frontage
88’ on W Thunderbird
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Jul 2021
C'est une entreprise familiale et ils vont continuer comme ça. Ils savent que Wienerschnitzel occupe une place spéciale dans le cœur de leurs fans, dont beaucoup ont grandi avec eux, et ils s'engagent à servir une nourriture de qualité et d'une grande valeur pour de nombreuses générations à venir.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Triple Net | Jul 2021 |
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 200-73-005W | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $178,940 CAD |
PROPERTY TAXES
Parcel Number
200-73-005W
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$178,940 CAD
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Wienerschnitzel | 6030 W Thunderbird Rd
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