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Broker

Chris Hollenbeck

Cushman & Wakefield
Net Lease Group
Executive Managing Director
  • 17Active Listing
  • 0Under Contract
  • 8Sold Transactions

Mr. Hollenbeck is a member of a multi-service retail team that delivers comprehensive, integrated real estate services to retail investors, developers and occupiers. He specializes in Capital Markets and manages his team’s national Investment Services Portfolio. Mr. Hollenbeck has an extensive history in the sale of retail properties through his past and current career experience at a national development company. Since moving to commercial retail brokerage, he completed over 1,000 transactions totaling nearly five million square feet and valued at over $1 billion. Mr. Hollenbeck is heavily involved in the sale of single-tenant investment properties throughout Arizona and across the U.S. Mr. Hollenbeck is a member of Cushman & Wakefield’s Private Capital Group, Southwest Region, a cohesive 20-broker team across 11 markets that sources and shares regional capital markets financing and investment opportunities as well as Cushman and Wakefield’s National NNN group.

2555 East Camelback Road Suite 400 Esplanade V Phoenix, AZ 85016

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2649 West Indian School Road, Phoenix, AZ , 85017
  • Size SF2,895
  • Built/Renov2000
  • Price/SF$850
  • Lease Start04-12-2022
  • Rent/SF$49.74
  • Lease Type Abs NNN
  • Lot/AC0.78
  • Pop 5MI495,776

2,461,538

  • Cap Rate 5.85%
  • NOI $144,000
  • R. Term/Yrs 19.0
  • Guarantor Franchisee
  • # Units 14
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Personal guarantee

  • ...
  • Tenant Mobil
  • Guarantor Franchisee
  • #Units 14
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: XOM
2655 East Magnolia Street, Phoenix, AZ , 85034
  • Size SF35,385
  • Built/Renov1984/2021
  • Price/SF$210
  • Lease Start12-01-2014
  • Rent/SF$12.60
  • Lease Type Abs NNN
  • Lot/AC2.56
  • Pop 5MI303,782

7,430,850

  • Cap Rate 6.00%
  • NOI $445,851
  • R. Term/Yrs 11.4
  • Guarantor Corporate
  • # Units 1
  • Recent renovation

  • Roof guarantee

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant George Brazil HVAC
  • Guarantor Corporate
  • #Units 1
  • Stock Private
4550 East Bell Road, Phoenix, AZ , 85032
  • Size SF8,500
  • Built/Renov2007/2023
  • Price/SF$323
  • Lease Start02-14-2023
  • Rent/SF$22.61
  • Lease Type Abs NNN
  • Lot/AC0.34
  • Pop 5MI254,580

2,745,886

  • Cap Rate 7.00%
  • NOI $192,212
  • R. Term/Yrs 9.6
  • Guarantor Corporate
  • # Units 2
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Adventure ABA
  • Guarantor Corporate
  • #Units 2
  • Stock Private
15255 North 40th Street, Phoenix, AZ , 85032
  • Size SF5,325
  • Built/Renov2006/2023
  • Price/SF$589
  • Lease Start05-05-2023
  • Rent/SF$41.20
  • Lease Type Double NN
  • Lot/AC0.12
  • Pop 5MI268,918

3,134,142

  • Cap Rate 7.00%
  • NOI $219,390
  • R. Term/Yrs 9.5
  • Guarantor Corporate
  • # Units 10
  • Extensive TI’s

  • Dense retail corridor

  • Freeway close

  • Strong tenant synergy

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Annual rent increases

  • Personal guarantee

  • ...
  • Tenant HealthyU Clinics
  • Guarantor Corporate
  • #Units 10
  • Stock Private
3120 North Central Avenue, Phoenix, AZ , 85012
  • Size SF2,458
  • Built/Renov2022
  • Price/SF$1,412
  • Lease Start11-01-2023
  • Rent/SF$60.00
  • Lease Type NN+
  • Lot/AC1.31
  • Pop 5MI436,218

3,470,000

  • Cap Rate 4.25%
  • NOI $147,480
  • R. Term/Yrs 9.10
  • Guarantor Corp R + T
  • # Units 36,000
  • New construction

  • New prototype

  • Major thoroughfare

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 36,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
2767 North Pinal Avenue, Casa Grande, AZ , 85122
  • Size SF2,600
  • Built/Renov2023
  • Price/SF$1,154
  • Lease Start08-01-2023
  • Rent/SF$53.65
  • Lease Type NN+
  • Lot/AC1.43
  • Pop 5MI57,258

2,999,785

  • Cap Rate 4.65%
  • NOI $139,490
  • R. Term/Yrs 9.7
  • Guarantor Corp R + T
  • # Units 36,000
  • New construction

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • New development zone

  • Brand new lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 36,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
North 83rd Avenue & West Thunderbird Road, Peoria, AZ , 85381
  • Size SF700
  • Built/Renov2022
  • Price/SF$4,057
  • Lease Start05-01-2022
  • Rent/SF$202.86
  • Lease Type Abs NNN
  • Lot/AC0.68
  • Pop 5MI323,466

2,840,000

  • Cap Rate 5.00%
  • NOI $142,000
  • R. Term/Yrs 18.4
  • Guarantor Corporate
  • # Units 103
  • New construction

  • New prototype

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Salad and Go
  • Guarantor Corporate
  • #Units 103
  • Stock Private
1209 West McDermott Drive, Allen, TX , 75013
  • Size SF9,621
  • Built/Renov2000
  • Price/SF$584
  • Lease Start05-13-2022
  • Rent/SF$35.06
  • Lease Type Abs NNN
  • Lot/AC1.83
  • Pop 5MI333,886

5,622,033

  • Cap Rate 6.00%
  • NOI $337,322
  • R. Term/Yrs 18.5
  • Guarantor Corporate
  • # Units 350
  • Build to suit

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Grease Monkey International, LLC
  • Guarantor Corporate
  • #Units 350
  • Stock Private
6308 Preston Road, Plano, TX , 75024
  • Size SF5,043
  • Built/Renov2008
  • Price/SF$882
  • Lease Start05-13-2022
  • Rent/SF$50.70
  • Lease Type Abs NNN
  • Lot/AC0.95
  • Pop 5MI340,911

4,446,747

  • Cap Rate 5.75%
  • NOI $255,688
  • R. Term/Yrs 18.5
  • Guarantor Corporate
  • # Units 350
  • Build to suit

  • Major thoroughfare

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Tenant Grease Monkey International, LLC
  • Guarantor Corporate
  • #Units 350
  • Stock Private
10101 Custer Road, Plano, TX , 75025
  • Size SF5,511
  • Built/Renov2001
  • Price/SF$956
  • Lease Start05-13-2022
  • Rent/SF$57.34
  • Lease Type Abs NNN
  • Lot/AC1.25
  • Pop 5MI358,241

5,266,750

  • Cap Rate 6.00%
  • NOI $316,005
  • R. Term/Yrs 18.5
  • Guarantor Corporate
  • # Units 350
  • Near major nationals

  • Highway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Grease Monkey International, LLC
  • Guarantor Corporate
  • #Units 350
  • Stock Private
8530 E Speedway Blvd, Tucson, AZ , 85710
  • Size SF1,803
  • Built/Renov1989/2020
  • Price/SF$1,220
  • Lease Start08-01-2023
  • Rent/SF$73.21
  • Lease Type Abs NNN
  • Lot/AC0.51
  • Pop 5MI209,114

2,200,000

  • Cap Rate 6.00%
  • NOI $132,000
  • R. Term/Yrs 19.7
  • Guarantor Franchisee
  • # Units 18
  • Recent renovation

  • Hard corner intersection

  • Major thoroughfare

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Accelerated depreciation

  • Traded and rated company

  • Personal guarantee

  • ...
  • Tenant Chevron
  • Guarantor Franchisee
  • #Units 18
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: CVX
1054 East Southern Avenue, Mesa, AZ , 85204
  • Size SF2,962
  • Built/Renov2023
  • Price/SF$1,053
  • Lease Start10-04-2023
  • Rent/SF$52.67
  • Lease Type NN+
  • Lot/AC0.83
  • Pop 5MI404,637

3,120,000

  • Cap Rate 5.00%
  • NOI $156,000
  • R. Term/Yrs 9.9
  • Guarantor Corp R + T
  • # Units 349
  • New construction

  • Roof guarantee

  • Shopping Ctr out-parcel

  • Highway close

  • Dense 200M+ pop 5 mi

  • Affluent suburb location

  • Brand new lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant The Habit Burger Grill
  • Guarantor Corp T and Rated
  • #Units 349
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM
9111 North 7th Street, Phoenix, AZ , 85020
  • Size SF4,264
  • Built/Renov2000
  • Price/SF$539
  • Lease Start06-16-2016
  • Rent/SF$32.95
  • Lease Type Abs NNN
  • Lot/AC0.96
  • Pop 5MI361,157

2,300,000

  • Cap Rate 6.11%
  • NOI $140,478
  • R. Term/Yrs 4.6
  • Guarantor Corporate
  • # Units 30
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Highway location

  • Hospital close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Banner Urgent Care
  • Guarantor Corporate
  • #Units 30
  • Stock Non-Profit
7848 South Olympia Avenue, Tulsa, OK , 74132
  • Size SF6,177
  • Built/Renov2013
  • Price/SF$626
  • Lease Start07-01-2020
  • Rent/SF$53.21
  • Lease Type Abs NNN
  • Lot/AC2.08
  • Pop 5MI121,954

3,866,823

  • Cap Rate 8.50%
  • NOI $328,680
  • R. Term/Yrs 6.6
  • Guarantor Corporate
  • # Units 10
  • In location for years

  • Major thoroughfare

  • Near major nationals

  • Freeway visibility

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Ted's Cafe Escondido
  • Guarantor Corporate
  • #Units 10
  • Stock Private
17171 W Yuma Rd, Goodyear, AZ , 85338
  • Size SF1,887
  • Built/Renov2023
  • Price/SF$1,584
  • Lease Start09-01-2023
  • Rent/SF$76.84
  • Lease Type Abs NNN
  • Lot/AC0.80
  • Pop 5MI111,569

2,989,690

  • Cap Rate 4.85%
  • NOI $145,000
  • R. Term/Yrs 14.8
  • Guarantor Corporate
  • # Units 120
  • New construction

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Black Rock Coffee Bar
  • Guarantor Corporate
  • #Units 120
  • Stock Private
2260 West Glendale Avenue, Phoenix, AZ , 85021
  • Size SF830
  • Built/Renov2022
  • Price/SF$2,530
  • Lease Start02-02-2023
  • Rent/SF$126.51
  • Lease Type Abs NNN
  • Lot/AC0.56
  • Pop 5MI476,791

2,100,000

  • Cap Rate 5.00%
  • NOI $105,000
  • R. Term/Yrs 14.1
  • Guarantor Corporate
  • # Units 120
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Black Rock Coffee Bar
  • Guarantor Corporate
  • #Units 120
  • Stock Private
3701 Virginia Pkwy, McKinney, TX , 75071
  • Size SF7,446
  • Built/Renov2023
  • Price/SF$584
  • Lease Start04-01-2023
  • Rent/SF$32.71
  • Lease Type Abs NNN
  • Lot/AC1.09
  • Pop 5MI210,921

4,350,000

  • Cap Rate 5.60%
  • NOI $243,570
  • R. Term/Yrs 19.3
  • Guarantor Corporate
  • # Units 350
  • New construction

  • Near major nationals

  • Top 100 MSA

  • Business growth area

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Income tax free state

  • Long 20+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Driver's Edge
  • Guarantor Corporate
  • #Units 350
  • Stock Private

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