Red Robin | 1375 W Elliot Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Red Robin 1375 W Elliot Rd
7,200 SF Retail Building Tempe, AZ 85284 $3,708,000 ($515/SF) 6% Cap Rate
Investment Highlights
- EXCELLENT PROPERTY VISIBILITY: Subject property features direct frontage on Elliot Rd, sees over 56,000 VPD, and is less than a mile from I-10
- HIGH DAYTIME EMPLOYMENT: Over 170,000 employees work within a 2 mile radius of the property, large employers include Swire Coco-Cola, Honeywell & more
- PRIMARY RETAIL INFILL CORRIDOR: The site is a Costco outparcel and is by national retailers including Walmart, The Dump, Ikea, Life Time & more
- DENSE RESIDENTIAL AREA: Property sits just minutes away from over 216,000 residents with an impressive house hold income of more than $98,000
Executive Summary
Costco Outparcel. 30+ year operating history
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,200 SF
Building Class
B
Year Built/Renovated
1991/2004
Price
$3,708,000
Price Per SF
$515
Cap Rate
6%
NOI
$222,480
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.26 AC
Zoning
PCC-2 - Planned Community Center
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 301-53-059 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $313,022 |
PROPERTY TAXES
Parcel Number
301-53-059
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$313,022
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Red Robin | 1375 W Elliot Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.