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Phoenix, AZ 85021
IHOP - 25 Yr Sale-Leaseback
Property Address
2000 West Northern Avenue, Phoenix, AZ, USA
Offering Summary
Price:
$4,250,000
Lot Size:
1.59 Acres
Year Built:
2012
Building SF:
4,779
Status:
CLOSED
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Broker
Brand New 25-Year Absolute Triple-Net (NNN) Lease
429,706 Residents in Trade Area – Infill Phoenix
Adjacent to Sprouts Farmers Market-Anchored Shopping Center
Less Than 1 Mile Off the I-17 (147,200+ Cars per Day) – Major Connector for the Phoenix MSA
Tenant is One of the Largest Franchisee and Developers of IHOP Restaurants in the U.S. (107 Locations)
High Traffic Location, Visible to 66,120 Cars per Day
Close Proximity to National Retailers – Sprouts Farmers Market, Albertsons, LA Fitness and More
Strong Daytime Population – 473,170 Employees in 5-Mile Radius
Minutes to Christown Spectrum Mall (50+ Stores) – Major Tenants Include Target, Harkins Theatres, JCPenney, Walmart Supercenter and Costco
15 Minutes North of Downtown Phoenix
Broker Information
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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