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
- 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
- Established Tenant, Has Operated at this Location Since 2010
- Investment Grade Tenant Rated BBB by Standard & Poor’s
- Additional Income from Easement Agreement with Adjacent Chick-fil-A Parcel
- Chick-fil-A Represents ~40% of the Income
- Strategic High-Traffic Infill Location in Car- Dependent North Phoenix Suburb
- 69,261 Combined ADT at W Thunderbird Rd & N 59th Ave
- 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
- 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
- 1 Mile from the Campuses of Arizona State University West Valley Campus & Arizona Christian University
- ~6,900 Students Total
- Established Northwest Phoenix Submarket
- Major Retail, Entertainment, and Employment Hub
- 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

