salad and go scottsdale/phoenix€¦ · outparcel to paradise valley mall proximateto: costco...

4
LOCATION 12601 N. Paradise Village Parkway, Phoenix, AZ A+ location. Flagship Property. Major Intersection Outparcel to Paradise Valley Mall Proximate to: COSTCO TARGET CHIPOTLE, PANERA BREAD Outstanding Demographics LEASE NEW CONSTRUCTION Rent: approx. $156,000 annually Absolute NNN, 20 years 3 5-year extension options 2% annual increases after first 2 years. Salad And Go is growing rapidly and has a cult-like following of fans and supporters. Contact: Beau Woodring 646-734-2654 [email protected] Not actual building Actual building will look very similar SALAD AND GO Scottsdale/Phoenix NEW FLAGSHIP LOCATION Absolute NNN 20 YEARS 6.0% CAP RATE

Upload: others

Post on 23-Aug-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: SALAD AND GO Scottsdale/Phoenix€¦ · Outparcel to Paradise Valley Mall Proximateto: COSTCO TARGET CHIPOTLE, PANERA BREAD Outstanding Demographics LEASE NEW CONSTRUCTION Rent: approx

Representative photo, not actual building

LOCATION 12601 N. Paradise Village Parkway,

Phoenix, AZ

A+ location. Flagship Property. Major Intersection

Outparcel to Paradise Valley Mall Proximate to:

COSTCO TARGET CHIPOTLE, PANERA BREAD

Outstanding Demographics

LEASE NEW CONSTRUCTION

Rent: approx. $156,000 annually

Absolute NNN, 20 years3 5-year extension options

2% annual increases after first 2 years.

Salad And Go is growing rapidly and has a cult-like following of fans and supporters.

Contact: Beau Woodring

646-734-2654 [email protected]

Not actual buildingActual building will look very similar

SALAD AND GO Scottsdale/PhoenixNEW FLAGSHIP LOCATION

Absolute NNN 20 YEARS 6.0% CAP RATE

Page 2: SALAD AND GO Scottsdale/Phoenix€¦ · Outparcel to Paradise Valley Mall Proximateto: COSTCO TARGET CHIPOTLE, PANERA BREAD Outstanding Demographics LEASE NEW CONSTRUCTION Rent: approx

This is an exceedingly rare location. It is almost impossible to find anavailable property to serve this important submarket.

The .8 acre property is an outparcel to the Paradise Valley Mall. Thesurrounding area is characterized with higher-end housing, highincomes, but also excellent density, supporting quick servicerestaurants. Many major retailers are already located here.

This particular parcel has outstanding frontage and visibility onParadise Village Parkway, directly across from the Target. Visitors tohigh-performing Target and Costco would tend to drive directly in frontof this parcel.

TARGET

SALAD AND GO Scottsdale/PhoenixNEW FLAGSHIP LOCATION

Absolute NNN 20 YEARS 6.0% CAP RATE

COSTCO

CHIPOTLEPANERA

JC PENNEY

MACYS

DILLARDS

McDONALDS

Page 3: SALAD AND GO Scottsdale/Phoenix€¦ · Outparcel to Paradise Valley Mall Proximateto: COSTCO TARGET CHIPOTLE, PANERA BREAD Outstanding Demographics LEASE NEW CONSTRUCTION Rent: approx

N

SALAD AND GO Scottsdale/PhoenixNEW FLAGSHIP LOCATION

Absolute NNN 20 YEARS 6.0% CAP RATE

Page 4: SALAD AND GO Scottsdale/Phoenix€¦ · Outparcel to Paradise Valley Mall Proximateto: COSTCO TARGET CHIPOTLE, PANERA BREAD Outstanding Demographics LEASE NEW CONSTRUCTION Rent: approx

About SALAD AND GO:

SALAD AND GO is a local/regional QSR dedicated to bringing a healthy alternative to the fast food industry.

SALAD AND GO is at the forefront of putting the Q in QSR. How so?This location is the first of its kind to include a DOUBLE-SIDED drive-thru. The second drive-thru will serve the online (app) express pick-up.

They are drive-thru only, in most locations. No interior seating. They operate out of an approximately 700 square foot building, yet are doing over $2 million in sales out of some locations.

SALAD AND GO now has about 14 units in greater Phoenix and is presently in the process of expanding into Texas. They have another 4 in the pipeline for greater Phoenix.

Their remarkable performance and continuing growth has made national headlines.

SALAD AND GO Scottsdale/PhoenixNEW FLAGSHIP LOCATION

Absolute NNN 20 YEARS 6.0% CAP RATE

DEMOGRAPHICS:3 Mile Radius

Population: 103,229Employees: 33,988Avg Household Income: $107,465

Contact: Beau Woodring646-734-2654 [email protected]