10 year NNN Ground Lease

$1,367,000

10755 W Camelback Rd, Phoenix, AZ 85037

For Sale

Retail Free Standing

Active

Last Updated: 03/17/2025

Details:

Building Size: 544 sqft

Lot Area: 0.6 acres

Occupancy: 100%

Class: A

Year Built: 2024

Offered by

Ryan Johnson, CCIM

Principal

Chase-Johnson

#BS.00001707

Request Info to Unlock

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.

Description:

Single Tenant Triple Net 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.

located across from Camelback Ranch - Glendale,