50 E Warner Rd, Chandler, AZ, 85225
Bruster’s Real Ice Cream
Key Information
Highlights
• Brand-New 20-Year Sale-Leaseback | Absolute NNN: At closing, the seller will execute a new 20-year Absolute NNN lease, providing investors with long-term contractual income and zero landlord responsibilities.
• Strong Multi-Unit Operator | Personal Guarantee: The lease is backed by a personal guarantee from an experienced multi-unit operator, providing additional security beyond the underlying real estate and store operations.
• 10% Rental Increases Every Five Years | Strong Income Growth: The lease features 10% rental increases every five years throughout the initial 20-year term and option periods, providing investors with scheduled NOI growth and an attractive hedge against inflation.
• 2021 Construction | Modern Double Drive-Thru: Constructed in 2021, the property features a modern double drive-thru along a heavily traveled Chandler retail corridor of E Warner Rd & N Arizona Ave, experiencing over 48,000 vehicles per day.
• Affluent & Dense East Valley Demographics | ±360,000 Residents Within 5 Mile Radius: Located within one of the East Valley’s established residential and commercial trade areas, the property benefits from nearly 360,000 residents within five miles and an average household income exceeding $132,000.
• Premier Retail Location | Outparcel to PGA TOUR Superstore: Positioned as an outparcel to PGA TOUR Superstore and surrounded by a strong concentration of national retailers and restaurants including Raising Cane’s, Starbucks, Dunkin’, Barro’s Pizza, Arby’s, Jack in the Box, QuikTrip, Jimmy John’s, and other national chains.
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