Glendale, AZ 85308

Filiberto's Drive-Thru Two-Tenant

Property Address

5920 West Bell Road, Glendale, AZ, USA

Offering Summary

  • Price: $2,672,300
  • Lot Size: 1.03 Acres
  • Cap Rate: 6.50%
  • Year Built: 1994
  • Building SF: 5,677
  • Status: Available
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  • 100% Leased to 2 Tenants - Both NNN Leases with Rent Increases and Renewal Options
  • Below Market Drive-Thru Rent
  • Filiberto's is an Established Regional QSR Chain with 130+ Locations in Arizona, California, and New Mexico
  • Densely-Populated Glendale Trade Area in the Phoenix MSA - 340,897 Residents within a 5-Mile Radius
  • Excellent Frontage and Accessibility Along Bell Road, a Major East-West Arterial, with Approximately 75,000 Cars per Day at the Intersection of Bell Road and 59th Avenue
  • Busy Retail Corridor Location Surrounded by National Tenants: The Home Depot, Fry's, Walmart Supercenter, Kohl's, and More
  • Close Proximity to Arrowhead Towne Center, a Premier Shopping Destination for Phoenix's West Valley with Over 180 Stores and Restaurants
  • Average Household Income Exceeds $113,000 within 3 Miles of the Subject Property

Broker Information