& Bethany Home 75Th Ave Glendale, AZ 85303
This exceptional retail investment property, located at the southwest corner of 75th Avenue and Bethany Home Road in Glendale, Arizona (85303), presents a compelling opportunity. The property boasts a 935 square foot building situated on a substantial 43,203 square foot lot. Currently leased under a 15-year absolute triple net (NNN) lease, this investment offers significant long-term stability with zero landlord responsibilities. The tenant is a major franchisee of a rapidly expanding national brand with over 800 locations and ambitious growth plans exceeding 4,000 units. The lease includes three, five-year renewal options, ensuring continued income generation. Rent increases are built into the lease, providing a 10% increase every five years throughout the entire lease term, including option periods. The asking price is $2,780,000, representing an attractive 5.00% capitalization rate. This property offers a secure, passive income stream with significant upside potential, making it an ideal addition to any diversified investment portfolio. The property's prime location in a high-traffic area of Glendale further enhances its value and appeal. This is a rare opportunity to acquire a well-positioned, high-performing retail investment in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.