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32934810
32934809

4716 East Ray Road, Phoenix, AZ 85044

MG
AZ SA704393000, NE 20220840 (+2)
Matthews
Listed by Matthews
$3,801,818
9 days on market
Updated 6 days ago

Salad And Go

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 692
Cap Rate 5.50%
NOI $209,100
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Taco Bell (+17)
Lease Type Absolute NNN
Lease Expiration 06/30/2041
Remaining Term 15
Price per SqFt $5,494
Year Built 2021
Acreage 0.610
Lease Commencement 06/03/2021
Ground Lease Yes

Absolute NNN Salad and Go Investment with 15+ Year Corporate Lease

Investment highlights

• Experienced Brand – Salad and Go, founded in 2013 in Gilbert, Arizona, operates over 70 locations across Arizona and Nevada.

• Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.

• Premier Local Retail – The subject property is located nearby many national retailers such as Target, Sam's Club, Home Depot, Lowe's, Sprouts Farmers Market, REI, Burlington, Hobby Lobby, JCPenney, Michaels, Best Buy, Marshalls, HomeGoods, AMC Theatres, Chick-fil-A, In-N-Out, McDonald's, Starbucks, and Chipotle.

• Positioned at the intersection of Interstate 10 and Loop 202, the property benefits from exceptional regional connectivity to Phoenix, Chandler, Tempe, and the broader Southeast Valley employment corridor.

• Located within the affluent Ahwatukee Foothills submarket, the surrounding trade area features strong household incomes and dense residential demographics that support long-term consumer spending growth.

• The site is strategically located near the Chandler technology corridor, one of Metro Phoenix's largest employment hubs, anchored by Intel, Northrop Grumman, and advanced manufacturing employers driving sustained daytime population growth.

• Situated along Ray Road, a major east-west arterial, the property benefits from strong traffic patterns and direct access to some of the Southeast Valley's most established residential communities and retail destinations.

Listing Contacts

MG
AZ SA704393000, NE 20220840 (+2)
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,100.00
$17,425.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
David Harrington
License
BR715518000, CO701910000 (AZ)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
Name
Mason Gates
License
SA704393000
Brokerage
Matthews Real Estate Investment Services
Brokerage Phone
(866) 889-0550
Brokerage Address
4110 North Scottsdale Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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