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Mission BBQ | Surprise, AZ 14487 W Bell Rd 4,641 SF Retail Building Surprise, AZ 85374 $2,617,000 ($563.89/SF) 5.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Mission BBQ | Absolute Ground Lease | Zero Landlord Responsibilities
- Strong Rental Growth - 10% Every 5 Years including Options
- 15-Year Primary Term | Corporate Guarantee | 2025 Construction
- Bell Road Frontage (43K+ VPD)
EXECUTIVE SUMMARY
- +/- 4,600 SF Fully Built Out Restaurant
- 149 Locations - All Corporately Owned
- Within Phase I of Elm Street @ Surprise City Center: Retail, Restaurant, Entertainment, Hospitality and Multi-family mixed-use development: https://www.elmstreetaz.com/
- Just minutes from the City of Surprise's municipal complex, Ottawa University and Surprise Stadium, Home of the Texas Rangers and Kansas City Royals
- 149 Locations - All Corporately Owned
- Within Phase I of Elm Street @ Surprise City Center: Retail, Restaurant, Entertainment, Hospitality and Multi-family mixed-use development: https://www.elmstreetaz.com/
- Just minutes from the City of Surprise's municipal complex, Ottawa University and Surprise Stadium, Home of the Texas Rangers and Kansas City Royals
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,641 SF
Building Class
B
Year Built
2025
Price
$2,617,000
Price Per SF
$563.89
Cap Rate
5.35%
NOI
$139,977
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
8.21 AC
NEARBY MAJOR RETAILERS
1 of 5
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Mission BBQ | Surprise, AZ | 14487 W Bell Rd
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