Triple-Net Retail Party
For Sale
Contact for pricing
2770 E Germann Rd, Chandler, AZ 85286
Party City on a roughly 1.30-acre parcel is leased on an absolute triple-net basis with a remaining base term scheduled for rent increases.
Property Size12,000 SF
Lot Size1.30 Acres
Days on Market144
Property Features for 2770 E Germann Rd
General Information
Standard status
Active
Size
12,000 SF
Lot size
1.30 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #177814
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 10:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty
Investment Insights
Based on property information with market context.
This offering features a Party City retail building comprising roughly 12,000 rentable square feet. The property is on an estimated 1.30-acre parcel of land and is currently operated under a 10-year absolute triple-net (NNN) lease that commenced July 21, 2006.
The lease includes scheduled rent increases of 10% every five years throughout the base term. The property is presented as an exclusive sale listing for the subject tenant and lease structure.
The asset is being offered based on the existing NNN lease terms in place, with rent currently stated as $204,600 annually and built-in increases continuing through the base term.
The lease includes scheduled rent increases of 10% every five years throughout the base term. The property is presented as an exclusive sale listing for the subject tenant and lease structure.
The asset is being offered based on the existing NNN lease terms in place, with rent currently stated as $204,600 annually and built-in increases continuing through the base term.
Key Highlights
- Party City at 2770 E Germann Rd in Chandler, AZ
- Approximately 12,000 rentable SF building on an estimated 1.30‑acre parcel
- Subject to a 10‑year absolute triple‑net (NNN) lease
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,379
Businesses Nearby
415k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Shops & Services 34%
Apparel 24%
Dining 4%
Target
Superstores
144,062 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
67,232 visits/mo
0.5 miles
T.J. Maxx
Apparel
49,686 visits/mo
0.4 miles
Five Below
Shops & Services
33,006 visits/mo
0.4 miles
Ross Dress for Less
Apparel
32,471 visits/mo
0.4 miles
Demographics for 85286, AZ
49,407
Population
18,387
Households
2.7
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
15.9 sq mi
ZIP Area
3,107
Density / Sq Mi
$118,759
Median Household Income
$62,524
Median Earnings
$2,031
Median Rent
$548,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Party City on a roughly 1.30-acre parcel is leased on an absolute triple-net basis with a remaining base term scheduled for rent increases.
Where is this nnn property located?
The property is located at 2770 E Germann Rd Chandler, AZ.
What are key features of this property?
This property features: Party City at 2770 E Germann Rd in Chandler, AZ; Approximately 12,000 rentable SF building on an estimated 1.30‑acre parcel; Subject to a 10‑year absolute triple‑net (NNN) lease
