7425 S 19th Ave 1,915 SF Retail Building Phoenix, AZ 85041 $3,083,333 ($1,610.10/SF) 6% Cap Rate

Discover 7425 South 19th Avenue, Phoenix, Arizona, a 1,915-square-foot restaurant space offering a unique opportunity to acquire a highly efficient, luxury fast-food restaurant. Angie’s Lobster, a restaurant chain built on the mission of making luxury foods affordable, will occupy the building after construction is completed in May of 2026. Situated in the heart of the South Mountain area, the property is surrounded by new-home communities currently under construction, which are contributing to sustained population growth and increasing demand for dining options. The site benefits from exceptional visibility and accessibility along Baseline Road, which carries approximately 49,717 vehicles per day, offering strong exposure and consistent traffic.

Through a vertically and horizontally integrated approach, Angie’s controls its supply chain end to end, eliminating intermediaries and significantly reducing costs while maintaining premium quality. The building features a drive-thru and air conditioning, making it well-suited for quick service, fast-casual, or innovative restaurant concepts. Angie’s Lobster designs further enhance efficiency through self-ordering kiosks, self-service drink stations, and a minimal staffing model, all of which support smooth daily operations.

Angie’s Lobster is positioned directly across from The Grove on Baseline, a proposed 111,900-square-foot retail center, further strengthening the area’s retail synergy. Additionally, it is surrounded by a strong mix of national retailers and food providers, including EOS Fitness, Chipotle, Starbucks, Lowe’s, Goodwill, Dunkin’, CVS, and Wells Fargo, generating consistent cross-traffic and daily consumer activity. 7425 South 19th Avenue is surrounded by a densely populated, affluent five-mile radius of more than 196,000 residents with an average household income exceeding $98,000, who collectively spend over $214 million annually on food away from home.

This offering represents a compelling opportunity to acquire a strategically located restaurant in one of Phoenix’s most active and expanding corridors.