16970 West Yuma Road
Goodyear, AZ
Price:
$3,333,000
Cap Rate:
4.50%
NOI:
$150,000
Building Size:
Approx. 4,400 Sq. Ft.
Lot Size:
Approx. 1.81 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 4,400+/- SF Building on 1.81+/- Acre Site
- 20-Year Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Option Periods
- Located on Corner of Yuma Rd (12,900+ VPD) and Cotton Ln (25,500+ VPD)
- Surrounded by New Development – Starbucks, Freddy’s, Black Rock Coffee, Chipotle, Eegee’s, & More
- Site is Approximately 18 Miles from Downtown Phoenix and 5 Miles from Phoenix Goodyear Airport
- Denny’s is a Well-Known, 24/7 Service Restaurant with Over $456.4 Million in Revenue for 2022
- Goodyear | 46% Growth in the Past Decade | Population: 101,733