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


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
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
| Parcel Number | 200-49-585C | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £79,693 |
PROPERTY TAXES
Parcel Number
200-49-585C
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£79,693
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