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Cafe Zupas 16900 N 144th Ave

3,136 SF 100% Leased Retail Building Surprise, AZ 85388 $3,524,000 ($1,124/SF) 5.25% Cap Rate

Investment Highlights

  • NEARBY MAJOR TRAFFIC GENERATORS
  • RAPIDLY GROWING TRADE AREA
  • SURPRISE CITY CENTER
  • CLOSE PROXIMITY TO KEY SCHOOLS
  • EASY FREEWAY ACCESS

Executive Summary

Café Zupas, founded in 2004, is a fast-casual restaurant
chain known for its fresh, handcrafted meals. Beginning
with a single location in Provo, Utah, the company
quickly gained popularity by focusing on high-quality
ingredients and a diverse menu that includes soups, salads,
sandwiches, and bowls. Each dish is made from scratch
daily, catering to various dietary preferences, including
vegetarian and gluten-free options. This commitment
to quality and innovation has led to the expansion of
over 50 locations, primarily in the western United States.
Café Zupas also emphasizes creating a welcoming dining
experience, with a modern atmosphere and a strong
focus on customer satisfaction. By continuously evolving
its offerings and maintaining a dedication to quality, Cafe
Zupas has established itself as a leader in the fast-casual
dining industry, offering

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,136 SF
Building Class
B
Year Built
2024
Price
$3,524,000
Price Per SF
$1,124
Cap Rate
5.25%
NOI
$185,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC

Nearby Major Retailers

Cooper's Hawk Winery & Restaurants
Sprouts Farmers Market
Black Rock Coffee Bar
First Watch
Dutch Bros
EoS Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
501-11-981
Land Assessment
$25,085
Improvements Assessment
$0
Total Assessment
$25,085
  • Listing ID: 33950489

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 16900 N 144th Ave, Surprise, AZ 85388

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