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Investment Highlights

  • Hard Corner Outlot adjacent to Sam's Club
  • Excellent Visibility
  • Heavy Traffic

Executive Summary

New Pricing as of 10/15/2025
Burger King Sale Lease Back. 18.5 yrs remaining on a 20 year term. Franchisee operates 55+ Burger Kings in Arizona.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $160,000 $45.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $160,000 $45.77
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $160,000
Annual Per SF $45.77
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $160,000
Annual Per SF $45.77
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,496 SF
Building Class
B
Year Built/Renovated
1995/2023
Price
$2,900,000
Price Per SF
$829.52
Cap Rate
5.52%
NOI
$160,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.99 AC
Zoning
C-2 - C-2 City of Phoenix, Commercial Designation
Parking
21 Spaces (6.01 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Burger King is known for serving high-quality, great-tasting, and affordable food. Founded in 1954, Burger King is the second largest fast food hamburger chain in the world. The original Home of the Whopper, their commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined their brand for many successful years.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Waffle House
Starbucks
Bank of America
PNC Bank

Property Taxes

Property Taxes

Parcel Number
102-36-937A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$191,009
  • Listing ID: 35955010

  • Date on Market: 5/22/2025

  • Last Updated:

  • Address: NWC 83rd Ave & McDowell Rd, Phoenix, AZ 85035

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