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5724 W Bell Rd

998 SF 4-Star Retail Building Glendale, AZ 85308 $3,511,700 CAD ($3,519 CAD/SF) 5% Cap Rate

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
Property Type
Retail
Property Subtype
Restaurant
Building Size
998 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$3,511,700 CAD
Price Per SF
$3,519 CAD
Cap Rate
5%
NOI
$175,484 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
0.99 AC
Zoning
C-C - Commercial

Amenities

  • Signage
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

FirstBank
Ono Hawaiian BBQ
Carrabba’s Italian Grill
Sprouts Farmers Market
BMO
La Fitness
Body & Brain
Black Bear Diner
Outback Steakhouse
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200-49-585C
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$147,301 CAD
  • Listing ID: 32111413

  • Date on Market: 2024-06-12

  • Last Updated:

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

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