Chandler, AZ 85286

Whataburger Ground Lease

Property Address

East Queen Creek Road & South Gilbert Road, Chandler, AZ, USA

Offering Summary

  • Price: $2,667,000
  • Lot Size: 1.67 Acres
  • Cap Rate: 3.75%
  • Year Built: 2021/Under Construction
  • Building SF: 3,751
  • Status: In Escrow
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  • Brand New 15-Year Triple-Net (NNN) Corporate Ground Lease
  • 10% Rental Increases Every 5 Years
  • 263,165 Residents within a 5-Mile Radius - Phoenix MSA
  • Rapidly Growing Trade Area - Households and Population Projected to Increase 24%+ within a 1-Mile Radius by 2025
  • Located Near the High Traffic Intersection of Queen Creek Road and Gilbert Road - 45,800+ Cars/Day
  • Down the Road from Major Retail Corridor - Target, The Home Depot, Walmart, Hobby Lobby, JCPenney, PetSmart, Michaels, and More
  • Located within the New Layton Lakes Village Retail Center
  • 1 Mile Off the Loop 202 (Santan Freeway) - 162,410 Cars/Day
  • Average Household Income Exceeds $157,000 within 1-Mile in Affluent Trade Area

Broker Information