Phoenix, AZ 85031

Raising Cane's Ground Lease

Property Address

5301 West Indian School Road, Phoenix, AZ, USA

Offering Summary

  • Price: $3,875,000
  • Lot Size: 1.7 Acres
  • Cap Rate: 4.0%
  • Year Built: 2021
  • Building SF: 3,500
  • Status: In Escrow
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  • New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 479,722 Residents within a 5-Mile Radius - Infill Phoenix
  • Brand New High-Quality 2021 Construction with a Drive-Thru
  • Situated in Major Retail Corridor - Walmart, Ross, Ace Hardware, McDonald’s, 99 Cents Only Stores, and More
  • Across from American Family Fields of Phoenix Baseball Park, Spring Training Home to the Milwaukee Brewers
  • High Traffic Location Along West Indian School Road, Visible to 46,200+ Cars/Day
  • Signalized Hard Corner Location

Broker Information