Goodyear, AZ 85338

Taco Bell Ground Lease

Property Address

17676 West Elliot Road, Goodyear, AZ, USA

Offering Summary

  • Price: $1,555,555
  • Lot Size: 0.61 Acres
  • Cap Rate: 4.50%
  • Year Built: 2014
  • Building SF: 2,527
  • Status: Available
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  • Absolute Triple-Net (NNN) Ground Lease
  • 10 Percent Rental Increases Every 5 Years - Next Increase in December 2020
  • 17.5 Years Remaining on Lease Term
  • Outparcel to Mountain Ranch Marketplace, a 105,287 Sq. Ft. Trophy Safeway Grocery Anchored LEED Gold Certified Neighborhood Center
  • Arizona’s Largest Franchisee of Taco Bell Restaurants
  • Situated at the Double Entry to the Estrella Master-Planned Community
  • Across from Starpointe Residents Club - Includes Water Park, Fitness Center, Ampitheater, and Library
  • Adjacent to Banner Health - Estrella Medical Commons (EMC) - 13,000 SF Class A Medical Office Building
  • Surrounding Area Population & Households Expecting a 30% Increase by 2022
  • Average Household Income Exceeds $127K in 3-Mile Radius

Broker Information