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5724 W Bell Rd
Glendale, AZ 85308
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease.
  • 2021 construction.
  • 10% rent increases every 5 years.

EXECUTIVE SUMMARY

Absolute NNN investment opportunity with no landlord responsibilities. Tenant is one of the largest Dutch Bros franchise owners in the nation. 15 year lease with four 5-year options. Rent increases 10% every 5 years which is above standard compared to other Dutch Bros locations. Newer construction built in 2021.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Property Size
998 sq ft
Costar Property Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
£2,017,710
Price per sq ft
£2,021.75
Yield
4.63%
NOI
£93,359
Tenancy
Single
Number of Floors
1
Plot ratio
0.02
Total Plot Size
0.99 ac
Use Class
C-C - C-C; Commercial

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200-49-585C
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£79,693
  • Listing ID: 32111413

  • Date on Market: 12/06/2024

  • Last Updated:

  • Address: 5724 W Bell Rd, Glendale, AZ 85308

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