Restaurant
Wienerschnitzel
6030 W Thunderbird Rd, Glendale, AZ 85306
Listing Price: $1,682,000
Cap Rate
5.25%
Tenant Name
Der Wienerschnitzel
Years Remaining On Lease
10.7
Gross SF
1,694
Guarantor
Corporate Guarantee
Rentable SF
1,694
Price/Gross SF
$992.92
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.13
Investment Overview
Freestanding Net Leased Der Wienerschnitzel located Phoenix Metro with corporate
guarantee, extended term (2036) and annual inflation protection (2.5%).
Investment Highlights
- Excellent visibility and access.
- Long term lease with fixed 2.5% annual increases and percentage rent.
- Tenants in the area include Chic-Fil-A and Raising Cane's as well as Fry's.
- Corporate Guarantee (Galardi Group, Inc.).
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Listing Price: $1,682,000
Cap Rate
5.25%
Tenant Name
Der Wienerschnitzel
Years Remaining On Lease
10.7
Gross SF
1,694
Guarantor
Corporate Guarantee
Rentable SF
1,694
Price/Gross SF
$992.92
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.13
Investment Highlights
- Excellent visibility and access.
- Long term lease with fixed 2.5% annual increases and percentage rent.
- Tenants in the area include Chic-Fil-A and Raising Cane's as well as Fry's.
- Corporate Guarantee (Galardi Group, Inc.).
Investment Overview
Freestanding Net Leased Der Wienerschnitzel located Phoenix Metro with corporate guarantee, extended term (2036) and annual inflation protection (2.5%).
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager