5724 Bell Rd Glendale, AZ 85308
- Retail space
- 998 SF
- 0.99 lot acres
Current Use by Public Records
- Dutch Bros Coffee / Tea House / Coffee Shop
Property Details for 5724 Bell Rd
- Year built
- 2021
- Lot size
- 0.99 lot acres
- Property size
- 998 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 200-49-585C
- APU
- 20049585C
Description
This exceptional investment opportunity presents a 998 square foot Dutch Bros. Coffee shop located at 5724 W Bell Rd, Glendale, AZ 85308. The property sits on a substantial 43,157 square foot lot and is offered at $2,500,000 with a current NOI of $125,000, representing a 5.00% cap rate (5.5% starting 6/26). The property features a 15-year absolute triple-net (NNN) lease with a highly successful franchisee operating 18 locations in the Greater Phoenix area. This is a passive investment opportunity with zero landlord responsibilities. The lease includes four 5-year renewal options, each with a 10% rent increase. The tenant, Dutch Bros. Coffee, is a rapidly expanding national brand known for its high-quality, handcrafted beverages and exceptional customer service. This investment offers significant long-term growth potential, backed by a strong tenant and a favorable lease structure. The property's prime location in Glendale, Arizona ensures high visibility and accessibility for customers. This is an ideal opportunity for investors seeking a stable, high-return investment in a thriving market. The lease structure minimizes risk and maximizes passive income potential. The tenant's proven track record and commitment to the brand further enhance the investment's appeal.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,560,000
- 6.5%
- $2,665,000
- 7%
- $2,760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,360,000
- Geo Method
- $2,550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,705,000
- Retail
- $2,150,000
- Mixed-Use
- $2,545,000
- Hospitality
- $2,570,000
- Educational
- $2,820,000
- Residential Income
- $2,585,000
- Energy
- $2,925,000
- Income-Based Land
- $2,440,000
- Food Service
- $2,320,000
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.183
- Latitude
- 33.6393
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA