Phoenix, AZ 85032

Hawaiian Bros - 15 Yr Ground Lease

Property Address

4520 East Cactus Road, Phoenix, AZ, USA

Offering Summary

  • Price: $3,809,500
  • Lot Size: 0.77 Acres
  • Cap Rate: 5.25%
  • Year Built: 2024
  • Building SF: 2,877
  • Status: Available
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  • New Construction - 15 Year Absolute NNN Ground Lease - 12.5% Rent Bumps
  • Strong Lease Guarantor - Stine Enterprises, Inc was established in 1982 and is an 87 unit Jack in the Box Franchisee, 16 unit Denny's Franchisee, and 17 unit (and growing) Hawaiian Bros Franchisee
  • Anchored by Costco & Whole Foods Market
  • Average Household Income Exceeds $128,000 within a 5-Mile Radius
  • Hawaiian Bros Average Unit Volume Estimated at $4 Million
  • Legacy Real Estate - Apart of the 92-acre mixed use PV Mall Redevelopment Plan

Broker Information