Chandler, AZ 85286

Jollibee

Property Address

2800 East Germann Road, Chandler, AZ, USA

Offering Summary

  • Price: $3,300,000
  • Lot Size: 1.13 Acres
  • Cap Rate: 4.85%
  • Year Built: 2017
  • Building SF: 3,572
  • Status: In Escrow
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  • Brand New 10-Year Lease Term
  • 10% Rental Increases Every 5 Years
  • Drive-Thru Location
  • 284,939 Residents within a 5-Mile Radius - Phoenix MSA
  • Subject Property is Arizona’s First Jollibee Location - Over 5,000 Customers at Grand Opening on December 28, 2019
  • High Growth Area - Households Projected to Increase 34%+ in Immediate Area by 2023
  • Outparcel to Harkins Theatres
  • Situated in Major Retail Corridor - Target, The Home Depot, Walmart, Hobby Lobby, JCPenney, PetSmart, Michaels, and More
  • Excellent Location Directly Off the Loop 202 (Santan Freeway) - 162,410 Cars/Day
  • 47,550+ Cars/Day at the Nearby Intersection of Gilbert Road and Germann Road

Broker Information