Drive-Through Restaurant NNN
10740 W Lower Buckeye Road Avondale, AZ 85353
For Sale
Contact for pricing
Pending
NNN leased, personally guaranteed drive-thru Filiberto’s with newly constructed building and 24-hour operation.
Days on Market106
Property Features for 10740 W Lower Buckeye Road
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
SRS Real Estate Partners Phoenix
(602) 682-6040
Listed By:
Ed Beeh · License #AZ BRO32807000
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 6:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Phoenix
Investment Insights
Based on property information with market context.
SRS offers the opportunity to acquire the fee simple interest in an NNN leased drive-thru restaurant investment featuring Filiberto’s Mexican Food. The building is planned to be newly constructed from the ground up and will be equipped to support 24-hour operation. The tenant, La Klica, LLC (a Filiberto’s franchisee), is described in the offering as signing a brand new 20-year lease with two additional five-year options. The lease includes 10% rental increases every five years during the initial term and at the start of each option period, and it is secured by a personal guaranty from four principals. Landlord responsibilities under the NNN structure are limited to roof and structure.
The property is located near a signalized, hard corner intersection of W. Lower Buckeye Road and S. 107th Ave, with over 16,000 vehicles passing by each day. The site is positioned for visibility from multiple angles and includes multiple points of ingress and egress. The center is described as having NAP tenants including CVS and Super Carniceria Los Alamos grocery store, and Filiberto’s is planned adjacent to a new CVS Pharmacy built directly on the corner.
The property is located near a signalized, hard corner intersection of W. Lower Buckeye Road and S. 107th Ave, with over 16,000 vehicles passing by each day. The site is positioned for visibility from multiple angles and includes multiple points of ingress and egress. The center is described as having NAP tenants including CVS and Super Carniceria Los Alamos grocery store, and Filiberto’s is planned adjacent to a new CVS Pharmacy built directly on the corner.
Key Highlights
- NNN leased drive‑thru Filiberto’s Mexican Food with personal guaranty from four (4) principals of La Klica, LLC
- Tenant La Klica, LLC signed a brand new 20‑year lease with two (2) additional 5‑year options
- Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period
Property Analytics
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FAQs
What type of property is this?
Drive through restaurant - NNN leased, personally guaranteed drive-thru Filiberto’s with newly constructed building and 24-hour operation.
Where is this drive through restaurant located?
The property is located at 10740 W Lower Buckeye Road Avondale, AZ.
What are key features of this property?
This property features: NNN leased drive‑thru Filiberto’s Mexican Food with personal guaranty from four (4) principals of La Klica, LLC; Tenant La Klica, LLC signed a brand new 20‑year lease with two (2) additional 5‑year options; Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period