Chandler, AZ (Phoenix MSA) 85225

Andy's Frozen Custard

Property Address

125 North McQueen Road, Chandler, AZ, USA

Offering Summary

  • Price: $3,484,250
  • Lot Size: 1.02 Acres
  • Cap Rate: 6.75%
  • Year Built: 2023
  • Building SF: 1,500
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 1.5 Percent Rental Increases Occurring Annually
  • 6 Unit Franchisee with More Locations Currently Under Construction
  • 338,246 Residents within a 5-Mile Radius - Growing Trade Area in the Phoenix MSA
  • New High-Quality 2023 Construction with a Drive-Thru
  • Excellent Visibility and Easy Access Along North McQueen Road with 72,800 Cars per Day at the Intersection of North McQueen Road and East Chandler Boulevard
  • One Mile from Downtown Chandler via Chandler Boulevard
  • Adjacent to a New QuikTrip, Car Wash, and Multifamily Development
  • Average Household Income Exceeds $117,000 within a Five-Mile Radius
  • Less Than One Mile North of Willis Junior High School (1,000+ Students Enrolled)

Broker Information