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Glendale, AZ 85308

Garcia's Mexican Restaurant Sale-Leaseback

Property Address

5695 West Bell Road, Glendale, AZ, USA

Offering Summary

  • Price: $2,767,000
  • Lot Size: 1.01
  • Year Built: 1994/2019
  • Building SF: 6,000
  • Status: In Escrow
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  • New Absolute Triple-Net (NNN) 15-Year Lease
  • 10% Rental Increases Every 5 Years
  • Tenant is Multi-Unit Operator – Owns & Operates 8 Garcia’s Mexican Restaurant Locations
  • Outparcel to Sprouts Farmers Market-Anchored Center
  • 351,121 Residents in Glendale Trade Area – Phoenix MSA
  • Situated in Major Retail Corridor – Walmart Supercenter, LA Fitness, Kohl’s, Sprouts Farmers Market, Stein Mart, and More
  • Excellent Visibility – Over 45,300 CPD Along W Bell Road
  • Minutes from Arrowhead Towne Center – 170+ Brands, Restaurants, and Anchors – the #1 Highest Volume Regional Mall in Arizona
  • Easy Freeway Access – 2 Miles Off the Loop 101 and 4 Miles Off the I-17
  • Average Household Income Exceeds $85K in 3-Mile Radius
  • Strong Daytime Population – 335,450+ Employees in Surrounding Area

Broker Information

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