O'Reilly Auto Parts & Chick-fil-A

Glendale
AZ
Arizona
Phoenix

Call for Details

$

3,381,000

Call for Details
4.75
%
CAP Rate

Established Operating History

Since 2010, with 2 Options Exercised

Additional Income

from Easement Agreement with Adjacent Chick-fil-A

Car-Dependent Location

in Desirable North Phoenix Suburb

Property details
  1. Long-Term Corporate NNN Lease to O’Reilly with ~9.5 Years Remaining
    • Tenant Has Exercised Options 1 & 2, Showing its Commitment to the Site
    • Zero Landlord Responsibilities
  2. Established Tenant, Has Operated at this Location Since 2010
  3. Investment Grade Tenant Rated BBB by Standard & Poor’s
  4. Additional Income from Easement Agreement with Adjacent Chick-fil-A Parcel
    • Chick-fil-A Represents ~40% of the Income
  5. Strategic High-Traffic Infill Location in Car- Dependent North Phoenix Suburb
    • 69,261 Combined ADT at W Thunderbird Rd & N 59th Ave
  6. Surrounding Retailers include Chick-fil-A, EoS Fitness, Fry’s, Raising Cane’s, Starbucks, Bank of America, Chipotle, Einstein Bros. Bagels, Dunkin’, Super Star Car Wash, and More
  7. Blocks from Banner Thunderbird Medical Center
    • 890k SF Acute Care Facility & Level I Adult Trauma Center
    • Recently Completed $290 Expansion, Including 200-Bed Patient Tower
  8. 1 Mile from the Campuses of Arizona State University West Valley Campus & Arizona Christian University
    • ~6,900 Students Total
  9. Established Northwest Phoenix Submarket
    • Major Retail, Entertainment, and Employment Hub
  10. Phoenix MSA Population of Over 4.8 Million
    • One of the Fastest-Growing Major Metros in the U.S.
    • Diversified Regional Economy with Major Corporate Presence

In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000

Inquiries by residents and properties owners of the State are to be made to Scott Reid.

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
Broker / ParaSell, Inc.
AZ RE Lic #BR707387000
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
7,000
SF
Lot Size
0.79
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
Broker / ParaSell, Inc.
AZ RE Lic #BR707387000