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Restaurant

Andy's Frozen Custard | Strong Infill PHX Suburb

125 N McQueen Rd, Chandler, AZ 85225

Listing Price: $3,763,000

Cap Rate
6.25%
Tenant Name
Andy's Frozen Custard
Years Remaining On Lease
19.2
Gross SF
1,500
Guarantor
Franchisee Guarantee
Rentable SF
1,500
Price/Gross SF
$2,508.67
Lease Type
Absolute Net
Rent Per Square Feet
$156.79

Investment Overview

Founded in 1986 in Osage Beach, Missouri, Andy's Frozen Custard is a quick-service frozen dessert brand and is the largest dessert-only franchise in the world. The company operates out of freestanding restaurants with drive-thru and walk-up service windows.

Located in Metropolitan Phoenix, Chandler embodies an active lifestyle with easy access to outdoor recreation with endless family-fun, award-winning events, world-class golf facilities, and a vibrant downtown. Visitors and residents enjoy the diverse community with its vibrant restaurants of every cuisine, premier shopping, arts and culture and a wide range of things to do all year-round.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 1.5 Percent Rental Increases Occurring Annually
  • 6 Unit Franchisee with More Locations Currently Under Construction
  • 338,246 Residents within a 5-Mile Radius - Growing Trade Area in the Phoenix MSA
  • New High-Quality 2023 Construction with a Drive-Thru

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Andy's Frozen Custard | Strong Infill PHX Suburb

Listing Price: $3,763,000

Cap Rate
6.25%
Tenant Name
Andy's Frozen Custard
Years Remaining On Lease
19.2
Gross SF
1,500
Guarantor
Franchisee Guarantee
Rentable SF
1,500
Price/Gross SF
$2,508.67
Lease Type
Absolute Net
Rent Per Square Feet
$156.79

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 1.5 Percent Rental Increases Occurring Annually
  • 6 Unit Franchisee with More Locations Currently Under Construction
  • 338,246 Residents within a 5-Mile Radius - Growing Trade Area in the Phoenix MSA
  • New High-Quality 2023 Construction with a Drive-Thru

Investment Overview

Founded in 1986 in Osage Beach, Missouri, Andy's Frozen Custard is a quick-service frozen dessert brand and is the largest dessert-only franchise in the world. The company operates out of freestanding restaurants with drive-thru and walk-up service windows. Located in Metropolitan Phoenix, Chandler embodies an active lifestyle with easy access to outdoor recreation with endless family-fun, award-winning events, world-class golf facilities, and a vibrant downtown. Visitors and residents enjoy the diverse community with its vibrant restaurants of every cuisine, premier shopping, arts and culture and a wide range of things to do all year-round.

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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