Investment sale · Free Standing Building
Angie's Prime Grill
State Route 69 & Stoneridge Dr | SWC
5875 E State Route 69 Hwy, Prescott Valley, AZ 86314
- Price
- $2,632,000
- Cap rate
- 5.70%
- NOI
- $150,000
- Building Size
- 1,045 SF
- Tenancy
- STNL
- Traffic
- 32,045 VPDon State Route 69
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Senior Managing Director
Executive Managing Director
About this opportunity
Listed by Danny Gardiner and Chad Tiedeman, Phoenix Commercial Advisors.
The site
| Property type | Retail · Free Standing Building |
|---|
Trade area
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Population | n/a | n/a | 59,622 |
| Households | n/a | n/a | 26,557 |
| Average household income | $100,289 | $102,474 | $106,926 |
2026 estimates for rings around the property.
Highlights
- Absolute NNN lease with zero landlord responsibilities; the tenant carries roof, structure, HVAC, parking, taxes and insurance, and rent is payable without abatement, deduction or set-off
- New 2025 construction with a double drive-thru: two stacked lanes, each with its own menu board and order point, plus a walk-up window
- 19.4 years of primary term remaining on a 20-year lease, then four 5-year options with 10% rent increases
- 10% rent increases every five years through the primary term and all four option periods
- Unlimited personal guaranty from the principals with no cap and no burn-off
- Fee-simple land and building; the buyer is purchasing the land and building allowing for the depreciation benefit
- Signalized hard corner of State Route 69 and Stoneridge Drive at the entrance to Prescott Valley Crossroads, with a panel on the center’s SR 69 monument sign
- Great visibility from State Route 69, the highway linking Prescott Valley to Prescott and Interstate 17, with ±32,045 vehicles per day
- Outparcel to Prescott Valley Crossroads, the Kitchell-developed power center with strong co-tenancy: Dick’s Sporting Goods, Sprouts Farmers Market, Hobby Lobby, Chick-fil-A, C-A-L Ranch, TJ Maxx, Ulta Beauty, Chipotle, Cracker Barrel and Chase, with The Home Depot across the ring road and Culver’s across SR 69
- Largest town in Yavapai County with ±51,440 residents, up 20.5% between the 2010 and 2020 Censuses
- ±59,622 residents within 5 miles at an average household income of ±$106,926
- Regional access: downtown Prescott about 8 miles, Prescott Regional Airport about 10 miles and Phoenix about 90 miles via SR 69 and Interstate 17
Property overview
Angie's Prime Grill | 5.70 Cap | 1,045 SF | 20-Year Absolute NNN Lease
Angie's Prime Grill is located along State Route 69; situated on the south side; just west of Stoneridge Drive.
Location5875 E State Route 69 Hwy, Prescott Valley, AZ 86314
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