Triple-Net Olive Garden
For Sale
Contact for pricing
2930 E Germann Rd, Chandler, AZ 85286
Olive Garden restaurant on an absolute triple-net lease, with scheduled rent increases through renewal options.
Property Size8,000 SF
Lot Size1.04 Acres
Days on Market120
Property Features for 2930 E Germann Rd
General Information
Standard status
Active
Size
8,000 SF
Lot size
1.04 Acres
Property subtype
Retail
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 23 at 1:42AM
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.
Bang Realty presents an exclusive for-sale offering of an Olive Garden restaurant located at 2930 E Germann Rd in Chandler, AZ. The site includes approximately 8,000 rentable square feet of building space on an estimated 1.04-acre parcel.
The property is subject to a 10-year absolute triple-net (NNN) lease, which commenced January 11, 2007. Rent is currently $173,030 annually and is scheduled to increase by 10% every 5 years through the term, including both 2, five-year renewal options.
This is a professionally managed NNN structure tied to a single-tenant, branded restaurant format, with lease terms already in place under the stated commencement date and rent escalation schedule.
The property is subject to a 10-year absolute triple-net (NNN) lease, which commenced January 11, 2007. Rent is currently $173,030 annually and is scheduled to increase by 10% every 5 years through the term, including both 2, five-year renewal options.
This is a professionally managed NNN structure tied to a single-tenant, branded restaurant format, with lease terms already in place under the stated commencement date and rent escalation schedule.
Key Highlights
- Olive Garden on an estimated 1.04‑acre parcel in Chandler, AZ at 2930 E Germann Rd
- Approximately 8,000 rentable SF of building space under a 10‑year absolute triple‑net (NNN) lease
- Lease commenced January 11, 2007 and is structured with 2, 5‑year renewal options
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,322
Businesses Nearby
420k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 34%
Shops & Services 33%
Apparel 24%
Dining 6%
Target
Superstores
144,062 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
67,232 visits/mo
0.3 miles
T.J. Maxx
Apparel
49,686 visits/mo
0.2 miles
Five Below
Shops & Services
33,006 visits/mo
0.2 miles
Ross Dress for Less
Apparel
32,471 visits/mo
0.2 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 - Olive Garden restaurant on an absolute triple-net lease, with scheduled rent increases through renewal options.
Where is this nnn property located?
The property is located at 2930 E Germann Rd Chandler, AZ.
What are key features of this property?
This property features: Olive Garden on an estimated 1.04‑acre parcel in Chandler, AZ at 2930 E Germann Rd; Approximately 8,000 rentable SF of building space under a 10‑year absolute triple‑net (NNN) lease; Lease commenced January 11, 2007 and is structured with 2, 5‑year renewal options
