Whataburger | Phoenix, AZ
10+ Yr. Remaining 10% Increases Every Five | Located at Signalized Hard Corner Averaging 48,100 VPD
Marketing description
Introducing an exceptional investment opportunity at the Bell Road Retail Plaza - a single-tenant absolute NNN property with corporate lease by Whataburger Restaurants, LLC. With over 10 years remaining on the lease, this property offers scheduled rental increases and options to extend, ensuring a steady income stream with 4.50% cap rate. Situated in a high-traffic retail corridor, this property boasts a strong location at the signalized hard corner of N 29th St and E Bell Rd with a daily average of 48,100 vehicles passing by. Direct access to Piestewa Freeway further enhances visibility, with major national retailers like Dutch Bros, Chipotle, and Starbucks nearby. Benefiting from a dense population of over 290,000 residents and a robust average household income of $135,985 within a 5-mile trade area, this investment opportunity presents a solid choice for passive investors looking for stable returns in a prime Phoenix location.
Investment highlights
10+ Years Remaining | Scheduled Rental Increases | Options to Extend
Absolute NNN | Fee Simple Ownership
Signalized, Hard Corner | Piestewa Freeway | Dense Retail Corridor
Strong Demographics in 5-Mile Trade Area | Six-Figure Income
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