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Kneaders Bakery & Cafe | Absolute Triple (NNN) Net Lease Investment

$2,750,000

21157 East Rittenhouse Road, Queen Creek, AZ 85142

Pending
Last Updated: 07/26/2021

6

Cap Rate

165,000

NOI

Details:
Cap Rate:    6%
NOI:    $165,000
Building Size:    4,052 sqft
Lot Area:    1.06 acres
Lease Type:    Absolute Net
Year Built:    2014
Price Per Sqft:    $678.68
Roof:    Tenant’s Responsibility
HVAC:    Tenant’s Responsibility
Floor:    Tenant’s Responsibility
Highlights:
  • Over 8 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • 10% Increase Every 5 Years and Three, 5 Year Option Periods
  • Corporate Guarantee From One of the Country’s Fastest Growing Private Companies
  • Recently Awarded to Inc. Magazine’s List of 5,000 Fastest Growing Companies
  • Excellent Visibility From Rittenhouse Road at Highly Trafficked Intersection
  • West Park Estates Development Immediately to the West is Currently in the Design Phase of a New 30- Acre Park ; West Park Will Address the Town's Most Immediate Needs First, Including Lighted Youth Baseball & Softball Fields, Lighted Multi-Purpose Field (Soccer, Football, Etc.), Playground, Splash Pad, Walking Trail and Restrooms/Concessions
  • Neighboring Tenants Include: Walmart Supercenter, Target, Chick -fil-A, Dunkin’, Starbucks, Raising Cane’s, McDonald’s, CVS Pharmacy, Chipotle, Harbor Freight, Sprouts, HomeGoods and More
Description:

This Offering Memorandum Features For Sale the 4,052 SF Kneaders Bakery & Cafe Located at 21157 E Rittenhouse Road in Queen Creek, Arizona. This Deal Includes Over 8 Years Remaining on an Absolute Triple Net (NNN) Lease and Zero Landlord Responsibilities, Providing For a Secure Investment.

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Offering Memorandum
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