5110 Indian School Rd Phoenix, AZ 85031

This exceptional investment opportunity presents a 3,071 square foot Habit Burger Grill located at 5110 W Indian School Rd, Phoenix, AZ 85031. The property sits on a 0.7-acre lot and boasts a highly visible location on a major thoroughfare with over 80,000 vehicles passing daily. Built in 2020, this single-tenant, net lease property offers a secure investment with a 100% occupancy rate and a strong 5.85% cap rate. The Habit Burger Grill, a reputable national brand, holds a 10.2-year lease (commencing August 27, 2021, and expiring October 27, 2031), with 6.9 years remaining. The lease includes attractive 10% rent bumps every five years, ensuring consistent income growth. The property benefits from its proximity to a top-performing Walmart Supercenter and other national retailers, including Ace Hardware, Dollar Tree, Walgreens, and Raising Cane's, creating a high-traffic retail environment. The property's strategic location is further enhanced by its adjacency to American Family Fields of Phoenix, a major baseball park. The current net operating income (NOI) is $174,000, and the asking price is $2,974,359. This NNN lease structure eliminates landlord responsibilities, providing a low-maintenance, high-return investment opportunity. The lease includes three 5-year renewal options.