0 Swc Queen Crk Rd And Signal Butte RdQueen Creek, AZ 85142

Property Details for 0 Swc Queen Crk Rd And Signal Butte Rd

Year built

2024

Lot size

1.27 AC

Property size (Sq ft)

4,365 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a brand-new, single-tenant McDonald's ground lease located at the southwest corner of Queen Creek Road and Signal Butte Road in Queen Creek, Arizona. The property boasts a 4,365 square foot building on a 1.27-acre lot, constructed in 2024. The absolute triple-net (NNN) lease features a 20-year term with a remaining term of 20 years, providing significant long-term stability. Rent increases of 10% every five years ensure consistent growth in income. Six five-year lease options further enhance the investment's longevity. The property enjoys a 100% occupancy rate, generating a net operating income (NOI) of $125,000 and a 3.75% cap rate. The asking price is $3,335,000. The corporate guarantee from McDonald's provides exceptional creditworthiness. This prime location is part of a vibrant shopping center, situated near Fry's Marketplace and EOS Fitness, benefiting from strong demographics including an average household income exceeding $190,000 within a one-mile radius. The area is experiencing significant growth, fueled by nearby expansions of Lowe's Pro Supply, JX Metals USA, and Old Dominion Freight Line. The property's proximity to Mesa Gateway Airport, Banner Ironwood Medical Center, and Arizona State University's Polytechnic campus further enhances its appeal. The property's APN is 304-64-996. The property is available for close of escrow in December 2024.

Location Insight

City

Queen Creek

County

Maricopa

State

Arizona

Latitude

33.2631

Longitude

-111.6

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