Restaurant
Habit Burger
5110 W Indian School Rd, Phoenix, AZ 85031
Listing Price: $2,974,359
Investment Overview
We are excited to present this investment opportunity in Phoenix, Arizona, featuring a newly constructed property leased to The Habit Burger Grill. Located at 5110 West Indian School Road, this property enjoys high visibility on a major thoroughfare with over 80,000 daily vehicles, enhancing its accessibility and exposure.
The Habit Burger Grill, a reputable tenant, has committed to a secure, absolute NNN lease, ensuring zero landlord responsibilities. This arrangement provides a stable income stream with an attractive 5.25% cap rate and periodic 10% rental increases every five years, aligning with the property's potential for growth in value.
Situated adjacent to a top-performing Walmart, this investment benefits from significant consumer traffic and is surrounded by a variety of national retailers, contributing to the area's robust economic activity. With its strategic location and strong tenant, this investment offers a blend of reliability and potential for appreciation, making it a compelling choice for investors seeking stability and growth in a dynamic market.
Investment Highlights
- Situated on Indian School Road, a Major Thoroughfare in Phoenix, Ensuring High Visibility and Easy Access | Over 80,000 Cars Per Day at the Indian School Rd and 51st Ave Intersection
- Adjacent to a Top 10% Performing Walmart Supercenter in the U.S. with Nearby Retailers Including: Ace Hardware, Dollar Tree, Walgreens, Raising Cane's, and Many More National Tenants
- Directly Across the Street from American Family Fields of Phoenix Baseball Park, Milwaukee Brewers Spring Training Field with 7,000+ Seats
- Excellent Corporate Guaranty
- NNN Lease | Zero Landlord Responsibility
- Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
Listing Price: $2,974,359
Investment Highlights
- Situated on Indian School Road, a Major Thoroughfare in Phoenix, Ensuring High Visibility and Easy Access | Over 80,000 Cars Per Day at the Indian School Rd and 51st Ave Intersection
- Adjacent to a Top 10% Performing Walmart Supercenter in the U.S. with Nearby Retailers Including: Ace Hardware, Dollar Tree, Walgreens, Raising Cane's, and Many More National Tenants
- Directly Across the Street from American Family Fields of Phoenix Baseball Park, Milwaukee Brewers Spring Training Field with 7,000+ Seats
- Excellent Corporate Guaranty
- NNN Lease | Zero Landlord Responsibility
- Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
Investment Overview
We are excited to present this investment opportunity in Phoenix, Arizona, featuring a newly constructed property leased to The Habit Burger Grill. Located at 5110 West Indian School Road, this property enjoys high visibility on a major thoroughfare with over 80,000 daily vehicles, enhancing its accessibility and exposure. The Habit Burger Grill, a reputable tenant, has committed to a secure, absolute NNN lease, ensuring zero landlord responsibilities. This arrangement provides a stable income stream with an attractive 5.25% cap rate and periodic 10% rental increases every five years, aligning with the property's potential for growth in value. Situated adjacent to a top-performing Walmart, this investment benefits from significant consumer traffic and is surrounded by a variety of national retailers, contributing to the area's robust economic activity. With its strategic location and strong tenant, this investment offers a blend of reliability and potential for appreciation, making it a compelling choice for investors seeking stability and growth in a dynamic market.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager