Property Details

Dairy Queen – Sale Leaseback **IN ESCROW**

$1,550,000

2,374 +/- sf |

3550 E. Bell Rd.
Phoenix, AZ 85032

Price: $1,550,000
Building Size: 2,374 +/- sf
Price/SF:
Property Type: Fast Food
Property Sub-type:
No. Stories: 1
Year Built: 1996 (Renovated in (2015-2016)
Lot Size: 34,653 +/- sf or 0.80 +/- ac
APN / Parcel ID: 214-01-883
Listing ID CM07

HIGHLIGHTS

  • Real Estate Only Available
  • Owner is Keeping the Business and will Leaseback from the Buyer
  • Near to 51 Freeway
  • Over 232’ of Frontage on Bell Rd.
  • Cap Rate 5.8%
  • NOI – $90,000

DESCRIPTION

LEASE INFORMATION

  • NNN Lease
  • $7,500/month
  • 10 year Lease with two 5 year options
  • 10% Increases every 5 years
  • Owner is Keeping the Dairy Queen Business and will Leaseback from the Buyer
  • Property is 100% Leased

PROPERTY DESCRIPTION

  • Parcel ID: 214-01-883
  • Year Established: 1996 (Renovated in 2015/2016)
  • Stories: 1
  • Building Size: 2,374 +/- sf
  • Lot Size: 34,653 +/- sf
  • Zoning: C-2

LOCATION DESCRIPTION

  • Located on the Northwest Corner of East Bell Road and North 35th Street, Just West of the 51 Freeway
  • Bell Road is a 6 Lane Main Road with Turn Lanes and Medians
  • Average Daily Traffic Nearly 45,000 Vehicles
  • 2017 Estimated Population: 14,397 (1 Mile); 133,533 (3 Miles); 269,400 (5 Miles)
  • Over 7.75% Population Growth Expected from 2017 – 2022
  • Average Household Income: $64,466 (1 Mile); $77,002 (3 Miles); $87,956 (5 MIles)
  • Near LA Fitness, Harkins Theatre, Sprint, Fry’s Marketplace, Speedy Cash and Denny’s

Dairy Queen – Sale Leaseback **IN ESCROW**

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