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50 E Warner Rd, Chandler, AZ, 85225

Bruster’s Real Ice Cream

$2,560,000

Key Information

Cap Rate
6.25%
Tot. SF
1,860
Lot Size
0.89 Acres
Year Built
2021
Term Remaining
± 20 Years
Type
Retail
Occupancy
100%
NOI
$160,000

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.

Photos

Location

Agents

Broker of Record

Milton Braasch II

License # BR704344000, LC723965000 (AZ)
Matthews of Arizona, LLC
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251