Queen Creek, AZ 85142

Brakes Plus Ground Lease

Property Address

South Ellsworth Loop Road & East Ocotillo Road, Queen Creek, AZ, USA

Offering Summary

  • Price: $3,894,000
  • Lot Size: 1.13 Acres
  • Cap Rate: 4.25%
  • Year Built: 2022
  • Building SF: 5,100
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • 10 Percent Rental Increases Every Five Years
  • New High-Quality 2022 Construction
  • 134,114 Residents within a Five-Mile Radius - Phoenix MSA
  • Rapidly Growing Queen Creek Trade Area - Households and Population Projected to Increase 24%+ within a Three-Mile Radius by 2026
  • Situated in Queen Creek's Dominant Retail Corridor - Walmart, Target, PetSmart, Sprouts Farmers Market, Chick-fil-A, and More
  • Excellent Frontage Along Ellsworth Loop Road (75,700+ Cars/Day) with Over 93,000 Cars/Day at the Intersection of Ellsworth Loop Road and Ocotillo Road
  • Five Miles (10 Minute Drive) from Arizona State University's Polytechnic Campus
  • Average Household Income Exceeds $131,000 within Three Miles

Broker Information