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Tikka Drive 80 W Warner Rd 2,380 SF Retail Building Chandler, AZ 85225 $3,100,000 ($1,302.52/SF) 7% Cap Rate
Investment Highlights
- New 20 Year Absolute NNN Lease w/Annual Increases
- On Pace to do over $2.5M in Sales Year 1
- Experienced Operator
Executive Summary
EXCLUSIVELY LISTED BY ORION INVESTMENT REAL ESTATE - Nick Miner, CCIM
Founded in 2015, Tikka Drive expanded to this location in 2026 to become the brand's first drive-thru restaurant, with a grand opening scheduled for April 2026. Located at 80 W. Warner Road, Chandler, AZ 85225, the property totals approximately 2,380 square feet and is secured by a long-term, absolute NNN lease with annual rent increases. Year one Net Operating Income (NOI) is $216,000.
Founded in 2015, Tikka Drive expanded to this location in 2026 to become the brand's first drive-thru restaurant, with a grand opening scheduled for April 2026. Located at 80 W. Warner Road, Chandler, AZ 85225, the property totals approximately 2,380 square feet and is secured by a long-term, absolute NNN lease with annual rent increases. Year one Net Operating Income (NOI) is $216,000.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,380 SF
Building Class
C
Year Built/Renovated
1988/2026
Price
$3,100,000
Price Per SF
$1,302.52
Cap Rate
7%
NOI
$217,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.73 AC
Zoning
C-R - Mixed Use Commercial/Residential
Amenities
- Bus Line
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 302-28-272 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $106,678 |
Property Taxes
Parcel Number
302-28-272
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,678
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Tikka Drive | 80 W Warner Rd