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2260 W Glendale Ave
Phoenix, AZ 85021

$1,975,000 USD

Freestanding For Sale  •  830 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 830 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 5.32 %
  • Tenancy Single
  • Zoning C-2
50 Transit Score
65 Walk Score

Highlights

Absolute NNN: zero landlord responsibilities
New construction - 2022 completion
Long term primary lease - ±13 years remaining
Attractive 10% rent increases every 5 years
Corporate Guaranty with one of the largest privately owned coffee companies
Located across from Washington High School (±1,806 Students)

Property Flyers

Cap Rate: 5.32 %

Major Tenants

Tenant SF Occupied Lease End Date
Black Rock Coffee

Amenities

  • Drive Thru
  • Monument Signage
  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
Glendale/19Th Ave (Valley Metro Rail - Valley Metro (Phoenix Light Rail)) 1 min 12 min 0.6 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 21 min - 13.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Chris Hollenbeck 602-538-7155 Cushman & Wakefield
Chris Hollenbeck 602-538-7155 Cushman & Wakefield