Investment sale · Restaurant
Senor Taco
Dobson Rd & Warner Rd | NWC
2070 N Dobson Rd, Chandler, AZ 85224
- Price
- $2,609,000
- Cap rate
- 5.75%
- NOI
- $150,000
- Building Size
- 2,768 SF
- Tenancy
- STNL
- Traffic
- ±38,017 VPDon Warner Rd
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About this opportunity
Listed by Danny Gardiner and Isaiah Clayton, Phoenix Commercial Advisors.
The site
| Property type | Retail · Restaurant |
|---|
Trade area
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Population | 14,526 | 135,158 | 357,910 |
| Households | 5,851 | 54,777 | 143,655 |
| Average household income | $115,353 | $123,281 | $125,293 |
Estimates for rings around the property.
Highlights
- Brand-new, long-term 15-year NNN lease; landlord has limited responsibilities
- High net worth personal guarantee from the founder of Senor Taco with over 15 locations across the Valley and a 20-year operating history
- Strong scheduled rent increases of 10% every 5 years through the primary term and option period, providing an investor stable and predictable income growth
- Freestanding 2,768-square-foot building with drive-thru
- Outparcel to neighborhood center anchored by EOS Fitness
- Steady customer base with several nearby employment hubs (ASU Research Campus, Bank of America’s Chandler Campus, Dignity Health Chandler Regional Medical Center and more) boasting nearly 223,000 employees within 5 miles, along with five high schools with ±11,600 total students within 5 miles
- Dense, affluent east-valley demographics with nearly 358,000 residents within a 5-mile radius and an average household income exceeding $125,000
- Strong visibility along Dobson Road and Warner Road with vehicle counts exceeding 31,000 and 38,000, respectively
- Excellent positioning in an EOS Fitness-anchored center and adjacent to Lee Lee’s International Market which ranks in the top 20% of grocers nationwide according to Placer.ai
- Less than a mile away from Loop 101 with ±227,863 VPD
- Massive daytime population of ±141,198 within 3 miles provides a constant stream of high-volume lunch and dinner traffic
- Consumer spending on food away from home of nearly $623,000,000 within 5 miles
Property overview
Senor Taco | 5.75 Cap | 2,768 SF | 15-Year NNN Lease
Senor Taco is located along Dobson Road; situated on the west side; just north of Warner Road.
Location2070 N Dobson Rd, Chandler, AZ 85224
- Loop 1010.9 mi
- Chandler Fashion Center2.7 mi
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