STNL WHATABURGER | ABSOLUTE NNN GROUND LEASE | 1135 Estrella Pkwy
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STNL WHATABURGER | ABSOLUTE NNN GROUND LEASE 1135 Estrella Pkwy
3,318 SF Retail Building Goodyear, AZ 85338 £2,205,040 (£665/SF) 4.45% Net Initial Yield
Investment Highlights
- Brand-new 15-year absolute NNN corporate ground lease, providing a robust passive investment opportunity for investors
- Immediate and convenient access right off the I-10 freeway with nearly 157,000 vehicles per day
- Whataburger has over 70 years in the business and more than 960 locations in the U.S.
- Strong 10% increases every 5 years through the primary term and option periods
- New construction freestanding building; property will feature a double drive-thru
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,318 SF
Building Class
C
Year Built
2024
Price
£2,205,040
Price Per SF
£665
Net Initial Yield
4.45%
NOI
£98,124
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
1.66 AC
Frontage
1,370 ft on Estrella Parkway
Amenities
- Drive Thru
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Whataburger
- Retailer
- 99,999 SF
- -
- Lorem Ipsum
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Whataburger | Retailer | 99,999 SF | - | Lorem Ipsum | - |
PROPERTY TAXES
Parcel Number | 500-10-907 | Improvements Assessment | £0 |
Land Assessment | £85,848 | Total Assessment | £85,848 |
PROPERTY TAXES
Parcel Number
500-10-907
Land Assessment
£85,848
Improvements Assessment
£0
Total Assessment
£85,848
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STNL WHATABURGER | ABSOLUTE NNN GROUND LEASE | 1135 Estrella Pkwy
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