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    4916 E Chandler Blvd Phoenix, AZ 85048

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    For Sale
    $2,376,000

    Restaurant property with lease in place and income growth.

    Property size:
    3,825 SF
    Lot size:
    1.06 Acres

    Property Features for 4916 E Chandler Blvd

    General Information

    Size
    3,825 SF
    Lot size
    1.06 Acres

    Source: SRS Real Estate Partners | Phoenix Agent Ed Beeh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Phoenix Restaurant Investment Opportunity

    This restaurant property is located in Phoenix, AZ. The tenant currently has 5 years remaining on their initial lease, with two 5-year options to extend. The lease includes a 7.50% increase in January 2028 and continuing in the options thereafter. StarCorp LLC is the franchisee guarantor and operates more than 140 Carl’s Jr. and Hardees locations.
    Insight Report Location Intelligence

    Current Use by Public Records

    Carl's Jr. Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.97764
    Latitude
    33.3057985

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    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant property with lease in place and income growth.
    Where is this drive through restaurant located?
    The property is located at 4916 E Chandler Blvd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,376,000.
    What are key features of this property?
    This property features: - Tenant has 5 years remaining on initial lease with two 5-year extension options.; - Lease includes a 7.50% increase in Jan. 2028 and in subsequent option periods.; - StarCorp LLC, a franchisee guarantor operating over 140 Carl’s Jr. and Hardees locations, backs the lease.
    (602) 980-3553
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4916 E Chandler Blvd Phoenix, AZ 85048
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