7412 E McDowell Rd
Scottsdale, AZ
Price:
$3,250,000
Cap Rate:
4.00%
NOI:
$130,000
Building Size:
Approx. 1,776 Sq. Ft.
Lot Size:
Approx. 0.83 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
1965
Investment Overview
- 2,373+/- SF Building on 0.78+/- Acre Site. Property Includes a Drive-Thru
- New Sale Lease-Back with Stine Enterprises (Operates 86 Jack in the Box & 14 Denny’s)
- 20 Yr Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Options
- Strategically Located Along McDowell Road (31,900 VPD) Near N Miller Rd (10,400 VPD)
- Located Within Walking Distance to Eldorado Park and is Near SkyHarbor International Airport
- Subject Property is Situated Just 10 Miles from Downtown Phoenix
- Scottsdale | Part of the Phoenix MSA | Population: 254,000+