Chandler, AZ 85248

IHOP

Property Address

3877 South Arizona Avenue, Chandler, AZ, USA

Offering Summary

  • Price: $3,120,000
  • Lot Size: 1.26 Acres
  • Cap Rate: 5.0%
  • Year Built: 2015
  • Building SF: 4,656
  • Status: Available
Download Brochure Submit Offer
  • Absolute Triple-Net (NNN) Lease with 17+ Years Remaining
  • Ten Percent Increases Every Five Years
  • Outparcel to Target
  • Tenant is One of the Largest IHOP Franchisees/Developers in the U.S. - 100+ Units in 11 States
  • Average Household Income Exceeds $138K in Immediate Area
  • Phoenix MSA - 195,568 Residents in Growing Chandler Trade Area
  • Across from Hamilton High School (3,840+ Students)
  • Located at a Major Retail Intersection in South Chandler
  • Visible to 32,660 Cars per Day Along S Arizona Ave
  • Close Proximity to Target, PetSmart, LA Fitness, The Home Depot, Lowe’s, Staples, etc.
  • Less Than 3 Miles Off the Loop 202 Freeway - Primary Connector for the Phoenix MSA
  • 170,775+ Daytime Employees in 5-Mile Radius

Broker Information