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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 with a 5% pro forma cap rate based on rent escalation in June of 2026.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
998 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$2,750,000
Price Per SF
$2,755.51
Cap Rate
5%
NOI
$137,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.99 AC
Zoning
C-C - C-C; Commercial
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 200-49-585C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $106,641 |
PROPERTY TAXES
Parcel Number
200-49-585C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,641
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