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Restaurant

BJ's Restaurant & Brewhouse

14950 W McDowell Rd, Goodyear, AZ 85395

Listing Price: $6,000,000

Cap Rate
4.00%
Tenant Name
BJ's Restaurants Inc.
Guarantor
Corporate Guarantee
Rentable SF
7,555
Lease Type
Gross Lease
Rent Per Square Feet
$31.77

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale BJ's Restaurant & Brewhouse a single-tenant property located at 14950 West McDowell Road, Goodyear (Phoenix MSA), AZ 85395. The subject property is comprised of 7,555 square feet, built-in 2022. The building sits on a large 1.53 acre lot situated on McDowell Road which oversees 18,186 vehicles per day. BJ's Restaurant & Brewhouse will operate on a new 20 year absolute-net lease with 5% increases every 5 years and four, 5 year options to extend. BJ’s Restaurants, Inc. (“BJ’s”) is a national brand with brewhouse roots and a menu where craft matters. BJ’s broad menu has something for everyone: slow-roasted entrees, BJ’s EnLIGHTened Entrees, signature deep dish pizza and the often imitated, but never replicated world-famous Pizookie dessert. BJ’s has been a pioneer in the craft brewing world since 1996, and takes pride in serving BJ’s award-winning proprietary handcrafted beers, brewed at its brewing operations in five states and by independent third-party craft brewers. The BJ’s experience offers high-quality ingredients, bold flavors, moderate prices, sincere service and a cool, contemporary atmosphere. Founded in 1978, BJ’s owns and operates more than 200 restaurants in 29 states.

Investment Highlights

  • Corporate Absolute-Net Sale-Leaseback: BJ's Restaurants, Inc. (NASDAQ: BJRI) 210 Stores Nationwide with 22,000+ Employees.
  • Strong Location & Excellent Visibility: BJ's is Well Situated on McDowell Rd (18,186 VPD) and One Block Off Interstate 10 (161,139 VPD) Which Connects Goodyear to Phoenix 19 Miles Away.
  • Brand New 2022 Construction: 7,555 Square Foot Building on a Large 1.53 Acre Lot; Outparcel to Harkins Theatres and Next to Cheddar's Scratch Kitchen.
  • Phoenix MSA: Interstate-10 Connects Goodyear to Phoenix just 20 Miles East of BJ's Restaurant & Brewhouse.
  • Excellent Demographics: Quickly Growing Phoenix Suburb Location with a 5 Mile Population of 513,500.
  • Nearby National Tenants: Harkins Theatres, Cheddar's Scratch Kitchen, P.F. Changs, Red Robin, Lifetime Fitness, Party City, Burlington Coat Factory, Shoe Carnival, Firestone, Popeyes, Petco, GNC, Staples, Old Navy, Goodwill, Bevmo, Texas Roadhouse, Red Lobster, Rubios, Olive Garden, and Many More.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

BJ's Restaurant & Brewhouse

Listing Price: $6,000,000

Cap Rate
4.00%
Tenant Name
BJ's Restaurants Inc.
Guarantor
Corporate Guarantee
Rentable SF
7,555
Lease Type
Gross Lease
Rent Per Square Feet
$31.77

Investment Highlights

  • Corporate Absolute-Net Sale-Leaseback: BJ's Restaurants, Inc. (NASDAQ: BJRI) 210 Stores Nationwide with 22,000+ Employees.
  • Strong Location & Excellent Visibility: BJ's is Well Situated on McDowell Rd (18,186 VPD) and One Block Off Interstate 10 (161,139 VPD) Which Connects Goodyear to Phoenix 19 Miles Away.
  • Brand New 2022 Construction: 7,555 Square Foot Building on a Large 1.53 Acre Lot; Outparcel to Harkins Theatres and Next to Cheddar's Scratch Kitchen.
  • Phoenix MSA: Interstate-10 Connects Goodyear to Phoenix just 20 Miles East of BJ's Restaurant & Brewhouse.
  • Excellent Demographics: Quickly Growing Phoenix Suburb Location with a 5 Mile Population of 513,500.
  • Nearby National Tenants: Harkins Theatres, Cheddar's Scratch Kitchen, P.F. Changs, Red Robin, Lifetime Fitness, Party City, Burlington Coat Factory, Shoe Carnival, Firestone, Popeyes, Petco, GNC, Staples, Old Navy, Goodwill, Bevmo, Texas Roadhouse, Red Lobster, Rubios, Olive Garden, and Many More.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale BJ's Restaurant & Brewhouse a single-tenant property located at 14950 West McDowell Road, Goodyear (Phoenix MSA), AZ 85395. The subject property is comprised of 7,555 square feet, built-in 2022. The building sits on a large 1.53 acre lot situated on McDowell Road which oversees 18,186 vehicles per day. BJ's Restaurant & Brewhouse will operate on a new 20 year absolute-net lease with 5% increases every 5 years and four, 5 year options to extend. BJ’s Restaurants, Inc. (“BJ’s”) is a national brand with brewhouse roots and a menu where craft matters. BJ’s broad menu has something for everyone: slow-roasted entrees, BJ’s EnLIGHTened Entrees, signature deep dish pizza and the often imitated, but never replicated world-famous Pizookie dessert. BJ’s has been a pioneer in the craft brewing world since 1996, and takes pride in serving BJ’s award-winning proprietary handcrafted beers, brewed at its brewing operations in five states and by independent third-party craft brewers. The BJ’s experience offers high-quality ingredients, bold flavors, moderate prices, sincere service and a cool, contemporary atmosphere. Founded in 1978, BJ’s owns and operates more than 200 restaurants in 29 states.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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