Anthem, AZ (Phoenix MSA) 85086

Denny's

Property Address

4121 West Anthem Way, Anthem, AZ, USA

Offering Summary

  • Price: $2,181,000
  • Lot Size: 1.19 Acres
  • Cap Rate: 5.25%
  • Year Built: 2004
  • Building SF: 3,893
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Lease with 9.5 Years Remaining - 37+ Unit Franchisee
  • Seven Percent Rental Increases Every Five Years
  • 18+ Year Operating History - Tenant has Occupied the Site Since 2004
  • 46,816 Residents within a Five-Mile Radius - Phoenix MSA
  • Situated within the Growing Anthem Master-Planned Community - Households and Population Projected to Increase 10-11% in the Immediate Area by 2026
  • Highly Visible Location Along Anthem Way (20,500+ Cars/Day)
  • Directly Across from the Outlets at Anthem
  • Situated Immediately Off the I-17 (60,400+ Cars/Day), a Major Phoenix Area Connector
  • Average Household Income Exceeds $133,000 within a Five-Mile Radius
  • Located within Anthem's Primary Retail Corridor - Walmart, Goodwill, Safeway, Del Taco, Ace Hardware, CVS, McDonald's, and More

Broker Information