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2000 W Northern Ave
Phoenix, AZ 85021 Metrocenter

$4,200,000 USD

Restaurant For Sale  •  4,779 SF

Property Details

• Property Type Restaurant
• Total Building Size 4,779 SF
• Lot Size 1.59 AC
• Year Built 2012
• Tenancy Single
• Zoning C-C

70 Transit Score

50 Walk Score

Highlights

Price: $4,200,000 | 5.00% Cap Rate / 4,769± SF Restaurant Building - 1.59± Acre Site

17 Years Remaining on Current Lease Term with Lease Expiration: January 30, 2043

Established National Restaurant Brand & Strong Visibility Along W Northern Avenue

Located Within the Phoenix MSA with Long-Term Passive Income Opportunity

Single-Tenant Net-Leased IHOP Investment

Property Flyers

2000_W_Northern_PHX_FORSALE

Amenities

• Pylon Sign

Public Transportation

Transit/Subway	Drive	Walk	Distance
Northern/19Th Ave (Valley Metro Rail - Valley Metro (Phoenix Light Rail))	2 min	5 min	0.3 mi
Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	23 min	-	15.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	70
Type:	Surface
Included in Rent:	Yes