The Human Bean - Arizona State University | 1765 E University Dr
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The Human Bean - Arizona State University 1765 E University Dr
546 SF Retail Building Tempe, AZ 85281 $1,600,000 ($2,930/SF) 5.53% Cap Rate
Investment Highlights
- Absolute Triple-Net (NNN) Ground Lease with 3% Annual Increases - .71 Acre Parcel with Rights to 41 Off Site Parking Spaces
- Excellent Location Just Minutes from Arizona State University's Tempe Campus with 79,500+ Students. ASU is the Largest Public University in the U.S.
- Two Minutes from Tempe Marketplace, a 1.3 Million SF Retail Destination
- Visible to 74,000 Cars per Day from the Intersection of McClintock Dr. & University Dr.
- Infill Tempe, AZ - 354,703 Residents in Trade Area
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
546 SF
Building Class
B
Year Built
2017
Price
$1,600,000
Price Per SF
$2,930
Cap Rate
5.53%
NOI
$88,551
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
0.71 AC
Zoning
PCC-1
Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 132-60-036 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $87,139 |
PROPERTY TAXES
Parcel Number
132-60-036
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$87,139
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The Human Bean - Arizona State University | 1765 E University Dr
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