Phoenix, AZ 85020

The Habit Burger Grill

Property Address

745 East Glendale Avenue, Phoenix, AZ, USA

Offering Summary

  • Price: $2,310,000
  • Lot Size: .36 Acres
  • Cap Rate: 5.0%
  • Year Built: 1973/2011
  • Building SF: 1,891
  • Status: Available
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  • Triple-Net (NNN) Corporate-Guaranteed Lease with The Habit Burger Grill
  • 7.5 Years Remaining on Lease Term
  • 2.5% Annual Rental Increases
  • 389,280 Residents within a 5-Mile Radius - Dense Phoenix Infill
  • Across from Safeway Grocery-Anchored Center
  • Surrounded by National Retailers - Wells Fargo, Burger King, Orangetheory Fitness, Safeway, Chase Bank, and More
  • High Traffic Location Along East Glendale Avenue, Visible to Nearly 37,000 Cars/Day
  • Over 68,800 Cars/Day at the Intersection of Glendale Avenue and 7th Street

Broker Information