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Litchfield Park, AZ 85340
Salad and Go Ground Lease
Property Address
19485 West Indian School Road, Litchfield Park, AZ, USA
Offering Summary
Price:
$2,045,000
Lot Size:
.54 Acres
Cap Rate:
5.50%
Year Built:
2022
Building SF:
778
Status:
In Escrow
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Brand New 20-Year Absolute Triple-Net (NNN) Corporate Ground Lease
10 Percent Rental Increases Every Five Years
78,398 Residents within a Five-Mile Radius in Litchfield Park (Phoenix MSA)
New 2022 Construction with a Drive-Thru
Salad and Go is a Growing Chain with Over 120 Locations in Four States
Rapidly Growing Trade Area with Households and Population Projected to Increase 24- 28 Percent by 2027
Located in the Verrado Master-Planned Community, the Phoenix Area's Largest Suburban Community That Will Contain 14,000 Homes at Full Build Out
Average Household Income Exceeds $116,000 within a Three-Mile Radius
Surrounded by New Development and Major National Retailers, Including Fry's, Burger King, Goodwill, Ace Hardware, Dollar Tree, and More
Hard Corner Location Along Indian School Road, a Significant Phoenix Area Arterial
Broker Information
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
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