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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

56th Ave And Baseline Rd Phoenix, AZ 85339

664 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 664-square-foot Scooter's Coffee property located at the southwest corner of 56th Avenue and Baseline Road in Laveen, Arizona (85339), within the Phoenix MSA. The property features a brand-new building with a 15-year absolute triple-net (NNN) ground lease, offering a secure, hands-off investment. The lease includes a strong personal guaranty from the franchisee, mitigating risk. The annual net operating income (NOI) is $85,000, resulting in a 6.00% capitalization rate on the $1,416,667 asking price. Rent increases are built in, with a 10% increase every five years, ensuring consistent growth in cash flow. The lease also includes three, five-year renewal options, providing long-term stability. The property benefits from its location in a rapidly growing area with average household incomes exceeding $136,000 annually. Landlord responsibilities are zero, making this an ideal passive income investment. This is a rare opportunity to acquire a high-performing, low-maintenance QSR investment in a prime location. The Maricopa County property (APN 300-02-061C) offers significant potential for long-term appreciation and strong returns.

Property profile
Verified
Property type Retail properties & Spaces
Total area 664 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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