56th Ave And Baseline RdPhoenix, AZ 85339

Property Details for 56th Ave And Baseline Rd

Property size (Sq ft)

664 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 664-square-foot Scooter's Coffee property located at the southwest corner of 56th Avenue and Baseline Road in Laveen, Arizona (85339), within the Phoenix MSA. The property features a brand-new building with a 15-year absolute triple-net (NNN) ground lease, offering a secure, hands-off investment. The lease includes a strong personal guaranty from the franchisee, mitigating risk. The annual net operating income (NOI) is $85,000, resulting in a 6.00% capitalization rate on the $1,416,667 asking price. Rent increases are built in, with a 10% increase every five years, ensuring consistent growth in cash flow. The lease also includes three, five-year renewal options, providing long-term stability. The property benefits from its location in a rapidly growing area with average household incomes exceeding $136,000 annually. Landlord responsibilities are zero, making this an ideal passive income investment. This is a rare opportunity to acquire a high-performing, low-maintenance QSR investment in a prime location. The Maricopa County property (APN 300-02-061C) offers significant potential for long-term appreciation and strong returns.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.3775

Longitude

-112.18

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].