$2,307,692
Commercial Property for Sale in Sierra Vista Arizona 85635
Sierra Vista, Arizona
Soft OfferCommercial Property for Sale in Surprise Arizona 85387
16346 W Pat Tillman Blvd, Surprise, Arizona 85387
$2,705,882
$1,166 / sq ft 4.25% cap rate Listed Oct 1, 2024
2,320 sqft
Building
2,320 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 $2,705,882. Key details: year built 2024, building size 2,320 sqft, lot size 2,320 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated October 1, 2024.
This prime Taco Bell investment offers a rare, hands-off opportunity with zero landlord responsibilities through an absolute NNN lease. Positioned on nearly 1 acre as an out-parcel to a 123,000 SF Fry’s Marketplace, the property benefits from high visibility and traffic along Pat Tillman Boulevard. Operated by one of Taco Bell’s largest franchisees, Desert De Oro Foods, this location is situated in the rapidly growing Asante master-planned community, surrounded by thousands of new homes. With long-term contractual rental increases and proximity to major thoroughfares, this property offers strong real estate fundamentals and passive income potential.
Key highlights
- Ground Lease
- Taco Bell, Hot Tacos, Inc.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| 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
- 2,320 sqft
- Lot Size
- 2,320 sqft
- Stories
- 1
- Total Units
- 1
- Building Class
- Class A
- Property Status
- Normal Sale
- Building Status
- Existing
- Ground Lease
- Yes
Pricing details
- Net Operating Income
- $115,000
- Financing
- Third Party Financing
- Investment Property
- Vacant investment property
Investment snapshot
4.25%
Cap rate
$115,000
Net operating income
$1,166
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $2,705,882 | 4.25% | - | - | - |
Features and amenities
Prominent Tenants
- Taco Bell, Hot Tacos, Inc.
Highlights
- Rare 20-year ground lease with a market leader in the fast food/QSR industry and attractive ten percent (10%) rental increases through the initial term and option periods.
- Located at a signalized intersection with 25,000 vehicles per day, near Loop 303 Freeway and US-60.
Location
Address as shown by the lister.
Get directionsNeighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadLinks
1 linkFrequently 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 $2,705,882. That works out to about $1,166 per square foot. The stated cap rate is 4.25%.
Where is Commercial Property for Sale in Surprise Arizona 85387 located?
The property is in 16346 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 2,320 sqft. The lot is 2,320 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 October 1, 2024 and last updated on October 1, 2024.
Listing information
- Listing ID
- CL-Arizona-12246
- Published
- Oct 1, 2024
- Last updated
- Oct 1, 2024
- Views
- 297
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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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