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For Sale

10 year NNN Ground Lease

10755 W Camelback Rd,
Phoenix, AZ 85037

Asset Snapshot

2024
Year Built
100%
Occupancy

Offering Summary

Investment Overview

Single Tenant Triple Net land lease asset for sale 10715 East Camelback Road to Scooters Coffee. Built in 2024 and located across from Camelback Ranch - Glendale, a 118,000 sq. ft. state-of-the-art baseball facility with seating for more than 13,000 fans Strong Demographics with approximately 90,000 residents with average household income over $88,600 in a 3-mile radius. 10 year lease started October 2024. Has 4 (5-year options to renew after the initial 10 year term.


Investment Highlights

  • 544 sq. ft. Scooter's Coffee with drive-through; ±.60 acre parcel
  • New 10-year ground lease with personal guarantee and scheduled rent increases
  • Signalized, hard-corner intersection
  • 10 year lease started October 2024. Has 4 (5-year options to renew after the initial 10 year term with personal guarantee.

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Listing Syndicated From

Buildout
For Sale
Unlisted
Asking Price