8877 W Thunderbird Rd
Peoria, AZ 85381
Brand New 10 Year Lease - Extensive Remodel · Retail Property For Sale

We are pleased to offer to qualified investors an opportunity to purchase an absolute NNN investment that is 100% leased to Biscuits Cafe on a brand new 10 year corporate lease. This 2018 renovated building comes equipped with a brand new interior, parking lot, and HVAC system and provides investors an effective inflation hedge of 3% annual increases including 2 - 5 year option periods. Located just off W. Thunderbird Road and Agua Fria Fwy (+/- 144,000 VPD), the site is very well positioned to serve the dense residential infill surrounding the property as well as take advantage of the strong traffic flow that passes near the property daily. Additionally, the subject property sits adjacent to the areas main medical use corridor, which provides long term security through the high demand and frequently visited medical facilities. This brand new 2018 construction is leased to Biscuits Cafe corporate entity which includes 22 locations and has strong supporting financials. This is an excellent opportunity to acquire a very well located single tenant NNN retail asset, extensively renovated in 2018, providing long term passive income through zero landlord responsibilities.