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Commercial For sale Retail Restaurant

Commercial Property for Sale in Surprise Arizona 85387

16986 W Pat Tillman Blvd, Surprise, Arizona 85387

$3,333,333
$867 / sq ft 3.75% cap rate Listed Nov 5, 2024
3,843 sqft
Building
3,843 sqft
Lot
2024
Built
1
Stories
1
Units
Class A
Class

About this property

Commercial Property for Sale in Surprise Arizona 85387 is a retail for sale in Surprise, Arizona, listed at $3,333,333. Key details: year built 2024, building size 3,843 sqft, lot size 3,843 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated January 3, 2025.

This rare McDonald’s investment offers a secure 20-year lease with low ground rent and 10% rent increases every five years, positioned next to Fry’s, Arizona’s top grocer, in the rapidly growing Asante community. With an absolute NNN lease and zero landlord responsibilities, this hands-off property is ideally located in a high-growth area with over 25,000 new homes planned nearby, ensuring future demand and value stability.

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
2024
Building Size
3,843 sqft
Lot Size
3,843 sqft
Stories
1
Total Units
1
Building Class
Class A
Property Status
Normal Sale
Building Status
Existing

Pricing details

Net Operating Income
$125,000
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

3.75%
Cap rate
$125,000
Net operating income
$867
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $3,333,333 3.75% - - -

Features and amenities

Prominent Tenants

  • Extremely rare low rent corporate McDonald’s offering — 20-year initial lease term with contractual 10% rental increases every 5 years and through the option periods.
  • Lease is backed by the largest quick-service restaurant operator in the world and a fast food icon with over 40,000 locations serving nearly 65M customers on a daily basis. With $25B+ in annual revenue and 2,000,000 employees, McDonald’s is a category lea

Highlights

  • McDonald’s sits comfortably on a 1+ AC parcel to accommodate their new construction, double drive-thru tech-forward prototype.
  • McDonald’s sits conveniently as an out-parcel to Arizona’s most dominant grocers, Fry’s, who recently built a brand new 125,000 SF marketplace prototype to serve the booming Asante community.

Location

Address as shown by the lister.

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Neighborhood

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Documents, links and contacts

Links

2 links

Frequently asked questions

What is the asking price of Commercial Property for Sale in Surprise Arizona 85387?

Commercial Property for Sale in Surprise Arizona 85387 is listed at $3,333,333. That works out to about $867 per square foot. The stated cap rate is 3.75%.

Where is Commercial Property for Sale in Surprise Arizona 85387 located?

The property is in 16986 W Pat Tillman Blvd, Surprise, Arizona 85387, Maricopa County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 3,843 sqft. The lot is 3,843 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Tim Westfall of Echo West Capital Advisors listed this property. Use the Request Info button to send a message or call (602) 628-6298.

When was this listing published?

It was published on November 5, 2024 and last updated on January 3, 2025.

Listing information

Listing ID
CL-Arizona-12700
Published
Nov 5, 2024
Last updated
Jan 3, 2025
Views
897

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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