Fry's Fueling Station SWC 67th & Montebello Ave 4,808 SF Retail Building Glendale, AZ 85301 $2,761,000 ($574.25/SF) 5.25% Cap Rate

- Single-tenant Fry’s Fuel Station Investment Opportunity featuring a brand-new 15-year absolute triple-net (NNN) lease with no landlord responsibilities, offering passive long-term income to ownership.
- Fry’s is a subsidiary of Kroger (NYSE: KR), the largest pure-play grocer in the United States with ±2,694 supermarkets, ±1,723 fuel stations, ±405,000 employees, and ±$147.1 billion in total annual revenue.
- Kroger has an S&P investment grade credit of BBB.
- The Property is located on a large ±1.23-acre parcel with a dense population of ±203,533 in a 3-mile radius.
- The Property boasts excellent visibility and frontage off 67th Ave (±22,334 VPD) and is just south of the intersection of Bethany Home Rd and 67th Ave (±48,023 VPD).
- The Property features 12 fueling stations for a high volume of traffic.
- There is a Fry’s grocery anchored shopping center at the intersection directly north of the Property, showcasing their success at and commitment to this location.
- The Property is located ±8 minutes east of Westgate Entertainment District, which features over 533,000 square feet of retail, office, and residential space; State Farm Stadium, home of the NFL’s Arizona Cardinals (±73,000 seats); and Desert Diamond Arena (±18,300 seats). Westgate also features Tanger Outlets, which has over 90 brand name outlet stores.
- VAI Resort, a $1 billion development that is currently under construction and set to open in 2026, is located ±8 minutes west of the Property. VAI Resort is the largest resort development in Arizona and will feature over 1,100 luxury hotel suites and rooms, a large state of the art 360-degree concert stage, 13 elevated fine dining concepts, as well as the Mattel Adventure Park, Arizona’s first fully themed indoor/outdoor amusement park.