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.