9815 Northern Ave, Glendale, AZ 85305
3,751 SF | Retail Building | Glendale, AZ 85305 | $4,700,000 ($1,253/SF) | 4.85% Cap Rate
For Sale
Active
Asking Price $4,700,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,751 SF
- Price / Square Foot
- $1,253
Listing Contacts
Danny Gardiner
Chad Tiedeman
- Property Info
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 57,064 SF
Highlights
- Brand-new 15-year absolute NNN ground lease with corporate guarantee, providing a robust passive investment opportunity
- Offering includes a 65-foot double-sided digital monument Leclair Calihan billboard with an oversized 14x48-foot display facing north and south
- Strong 10% increases every 5 years through the primary term and option periods
- New construction freestanding building; property will feature a double drive-thru
- Investment security with a high-performing fast-casual chain, a category that historically shows economic resilience
- Whataburger has over 70 years in the business and more than 960 locations in the U.S.
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