Contacts
Eric Carlton
Paul Holland
Property Details
- Property Type Other
- Lot Size 0.87 SF
- Additional Rent Contact for pricing
- Date Updated Jun 14, 2024
The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase a single tenant absolute NNN leased asset fully occupied by Angie’s Prime Grill in Chandler, AZ. Angie’s Prime Grill, specializing in drive-thru lobster meals, has 8 locations open or under development in the Phoenix area with plans for expansion. With a new 20-year long term lease, four 5-year option period, and 2.5% annual rent increases starting in year four, this is an excellent opportunity for an investor seeking years of inflation resistant cash flows and zero landlord responsibilities.
The subject property comprises a 2,971 SF building with drive-thru on a 0.87-acre parcel located on the hard corner signalized intersection of W Ray Road and Rural Road which has a combined traffic count exceeding 56,200 VPD. Only a half mile away, Intel’s Chandler Campus is Intel’s second larges site in the U.S. and is the largest employer in Chandler. This campus offers countless employee amenities including state-of-the-art fitness centers, spa, cafes, shopping, childcare, and more. Chandler is one of Phoenix’s most popular suburbs with great demographics, excellent schools, and a strong economy. The subject property is surrounded by many national retailers including Albertsons, Fry’s, Natural Grocers, Walgreens, CVS, Chase Bank, EōS Fitness, Starbucks, and Taco Bell.
This is a rare opportunity to acquire a single tenant absolute NNN leased drive-thru asset in one of Phoenix’s premier suburbs with zero landlord responsibilities, annual rent increases, and strong demographics providing years of inflation resistant income.
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Attachments
Getting around
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Location
- City Chandler, AZ
- Neighborhood Twelve Oaks
- Zip Code 85226
- Market Phoenix
Points of Interest
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Blue Star Transportation
5.47 miles
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Rural Rd / Apache Blvd
6.60 miles
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McAllister Ave / Apache Blvd
6.60 miles
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College Ave / Apache Blvd
6.60 miles
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Dorsey / Apache Bvd
6.62 miles
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Dorsey/ Apache Blvd
6.63 miles
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McClintock/ Apache Blvd
6.69 miles
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Smith-Martin/ Apache Blvd
6.78 miles
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11th St / Mill Ave
6.87 miles
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Price-101 Fwy/ Apache Blvd
6.98 miles
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Circle K
0.08 miles
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7-Eleven
1.44 miles
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Tesla Supercharger
1.64 miles
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Volta
2.01 miles
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eVgo
2.19 miles
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Shell
2.22 miles
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Chevron
2.29 miles
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Tesla Supercharger
2.32 miles
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ChargePoint
2.38 miles
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Costco Gasoline
2.41 miles
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Staff Parking
3.14 miles
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East Parking Lot
3.61 miles
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Truck Parking
3.77 miles
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West Parking Lot
3.79 miles
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Ranch Circle Park Lot
4.05 miles
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Brown 3
5.55 miles
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Blue 1
5.57 miles
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Brown 2
5.58 miles
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Radiation Oncology Patient Parking
5.61 miles
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Brown 1
5.62 miles
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Hawthorn Suites
1.32 miles
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Quality Inn
1.34 miles
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TownePlace Suites by Marriott Phoenix Chandler/Fashion Center
1.65 miles
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Hyatt Place Phoenix/Chandler-Fashion Center
1.71 miles
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Element Chandler Fashion Center
1.81 miles
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SpringHill Suites by Marriott Phoenix Chandler/Fashion Center
1.94 miles
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Residence Inn by Marriott Phoenix Chandler/Fashion Center
1.98 miles
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Casey House
2.02 miles
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Cambria Hotel Phoenix Chandler - Fashion Center
2.32 miles
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Super 8
2.47 miles
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Fry's Marketplace
0.22 miles
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Natural Grocers
0.81 miles
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Abertsons/Osco
0.87 miles
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Bashas'
1.31 miles
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Ashoka Indian Groceries
1.52 miles
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Walmart Supercenter
1.70 miles
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Hobby Lobby
1.77 miles
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Whole Foods Market
2.01 miles
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Chandler Fashion Center
2.09 miles
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AJ’s Fine Foods
2.13 miles
In-Depth Research Available for this Property
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