Scottsdale, AZ 85260

Wendy's

Property Address

15416 North Pima Road, Scottsdale, AZ, USA

Offering Summary

  • Price: $2,871,900
  • Lot Size: 0.4 Acres
  • Cap Rate: 6.0%
  • Year Built: 1996
  • Building SF: 3,193
  • Status: In Escrow
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• Absolute Triple-Net (NNN) Lease with Wendy’s
• Extremely Rare Opportunity to Acquire Fee Simple QSR Building in North Scottsdale
• 2.5 Percent Annual Rental Increases
• 153,159 Residents in Growing North Scottsdale Trade Area – Phoenix MSA
• Average Household Income Exceeds $131K in 5-Mile Radius
• Excellent Visibility from the Loop 101 Freeway – 128,000+ Cars per Day
• Outparcel to Best Buy and Staples Anchored Shopping Center
• Adjacent to Scottsdale Airpark – 57,000 Employees, Expected to Increase by 71%by 2030
• Situated in Major Retail Corridor – Walmart Supercenter, Target, The Home Depot, Costco, Best Buy, Staples, Kohl’s, T.J. Maxx, and More
• Strong Daytime Population – 227,519 Employees in Surrounding Area

Broker Information