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Property profile & analytics
OFF-MARKET
Retail space

5724 Bell Rd Glendale, AZ 85308

998 SF 0.99 ac lot Built 2021
Entity Owned 5-yr Hold Free & Clear
Property ID
US07-2444439
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Total area 998 SF
Lot 0.99 ac (43,157 SF)
Zoning code C-2
APN 200-49-585C
UPID US07-2444439
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
Current use
Occupant on record · Public records
  • Dutch Bros Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Minco Properties LLC · 5 yrs held
Minco Properties LLC
since 2021
Last sale
$2.5M
3 recorded transactions
2021
$2.5M
2020
Price N/A
2019
$273,275
Zoning & alternative use
C-2 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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