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888 N 114TH AVE Avondale AZ 85323

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Details
Property Type Retail
Sub Type QSR/Fast Food
Year Built 2022
Lease Type ******
Lease Term ******
Remaining Term ******
Days on Market ******
Latitude 33.4546
Longitude -112.3064

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Marketing Description
  • The immediate trade area is exploding with new retail, restaurant, hotel, offices and business park.
  • Situated within “The BLVD” Avenue District, Avondale’s latest mixed-used development which is planned to include Avid Hotel, Phoenix Children’s Hospital, Avair Apartments (345 units under construction) and The Village at The BLVD (187 units)
  • Adjacent to American Sports Center that welcomes +500,000 visitors annually
  • Excellent access and visibility, located just 1/2 mile from I-10 which is traveled by 208,372 vehicles per day
Investment Highlights
  • Opportunity to Invest in Real Estate Backed by one of the Strongest Franchisees in the Company
  • 15-Year Absolute Triple Net (NNN) Lease
  • ZERO Landlord Responsibilities
  • 10% Increases Every 5 Years Throughout the Entire Lease Term Including Options
  • Sale Price: $3,250,000
  • Cap Rate: 4.00%
  • Net Cash Flow: $130,000
  • Lease Term: 15 Year Initial Term
  • Options: Three, 5-Year Options
​SITE INFORMATION
  • Location: 888 North 114th Avenue
  • Avondale, Arizona 85323
  • Building Size: ±1,103 + 378 SF Patio
  • Parcel Size: 0.81 AC
  • Building Status: Under Construction

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
MO
Martin Olejarczyk
•••.•••.0754
••rtyo@•••••.com
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