US Bank Ground Lease 9746 W. Happy Valley Rd | Peoria, AZ 85383
Price: Unpriced (Best Offer) For More Information Contact: Alfred Hackbarth Senior Vice President | Investment Sales 602.682.6030 Direct |
[email protected] 3131 E. Camelback Rd. Suite 110 | Phoenix, AZ 85016 age or age are approximate. Buyer must verify the information and shall bear all risk and responsibility for any inaccuracies..
EXCLUSIVELY PRESENTED BY
EXCLUSIVELY PRESENTED BY
US Bank Ground Lease NEC Happy Valley Rd & Lake Pleasant Pkwy 9746 W. Happy Valley Rd | Peoria, AZ 85383
US Bank Ground Lease Price........................................................Submit Offer Cap Rate..............................................................TBD Annual Rent.............................................$165,000.00 Lease Commencement................................6/29/2007 Lease Expiration............................................7/2/2033 Lease Term....................................................25-years Rental Increases...........................10% Every 5-years Lease Options..........................................Four 5-year Lease Guarantor.................US Bank Natl Association Lease Type.........................................Ground Lease Building Size..................................................5,036 SF Land Area....................................................52,240 SF
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Proposed
Date
La
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Ple
Rent Schedule
Happy Valley Rd
Annual Rent
Primary Term (Yrs. 1-5)
6/29/2007
$150,000.00
Years 6-10
6/24/2013
$165,000.00
Years 11-15
6/24/2018
$181,500.00
Years 16-20
6/24/2023
$199,650.00
Years 21-25
6/24/2028
$219,615.00
Option 1
7/3/2033
$241,576.50
Option 2
7/3/2038
$265,734.15
Option 3
7/3/2043
$292,307.57
Option 4
7/3/2048
$312,538.32
2015 Estimated Demographics 3 Mile
5 Miles
10 Miles
2015 Population
35,885
124, 010
529,870
# of Households
11,518
47,666
211,518
Avg. HH Income
$112,154
$112,154
$83,755
Source: ESRI Business Analyst Online
SRS | 3131 E. Camelback Road Suite 110 | Phoenix, AZ 85016 | 602.682.6000 | www.srsre.com This information has been secured from sources believed to be reliable, but SRS makes no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and shall bear all risk and responsibility for any inaccuracies..