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Freestanding Drive-Thru Restaurant Opportunity
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170 W Ocotillo Rd, Queen Creek, AZ

New drive-thru restaurant outparcel to Safeway-anchored center in Queen Creek.

Space Size2,350 SF
Lot Size0.86 Acres
Days on Market731

Property Features for 170 W Ocotillo Rd

General Information

Standard status Active
Size 2,350 SF
Lot size 0.86 Acres
Property subtype RETAIL

Spaces For Lease

at 170 W Ocotillo Rd
170 W Ocotillo Rd AVAILABLE, Completion
Floor Bldg
Size 2,350 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Brand-new 2022 construction, freestanding building with 15-year roof warranty - New prototype with drive-thru - Outparcel to new Safeway-anchored community center, drawing traffic to the intersection - Located in one of the highest growth areas in Arizona, Queen Creek has seen their population grow 1,377% since 2000 - Average household income is nearly $122,400 within a 3-mile radius - Immediately adjacent to future multi-family, including a planned 199-unit residential development, Sparrow Ironwood
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Listing Agency: Phoenix Commercial Advisors
Listed By: Nick DeDona
Source: Moodyscre
Added: Oct 28, 2024 Changed: Oct 25 Last Checked: Oct 26 at 7:35PM

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 Phoenix Commercial Advisors

Rey
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Investment Insights

Based on property information with market context.

This is a brand-new, freestanding building constructed in 2022, featuring a 15-year roof warranty and a new prototype design with a drive-thru. Located as an outparcel to a new Safeway-anchored community center, the property benefits from the traffic drawn to the intersection. The property is situated in Queen Creek, Arizona, an area experiencing significant growth, with a population increase of 1,377% since 2000. The average household income within a 3-mile radius is approximately $122,400. Immediately adjacent to the property is a planned 199-unit residential development, Sparrow Ironwood. The property is suitable for drive-through restaurants, restaurants, and retail properties. The property size is 2350 square feet.

Key Highlights

  • Brand‑new 2022 construction with a 15‑year roof warranty.
  • Located in Queen Creek, one of the highest growth areas in Arizona.
  • Outparcel to new Safeway‑anchored community center, driving traffic.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chipotle Mexican Grill Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby
267k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Groceries 17% Shops & Services 10% Home Improvements & Furnishings 5%
Safeway Groceries
44,144 visits/mo 0.2 miles
McDonald's Dining
35,296 visits/mo 0.1 miles
Chick-fil-A Dining
30,191 visits/mo 0.1 miles
Taco Bell Dining
19,456 visits/mo 0.1 miles
Starbucks Dining
18,451 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - New drive-thru restaurant outparcel to Safeway-anchored center in Queen Creek.
Where is this drive through restaurant located?
The property is located at 170 W Ocotillo Rd Queen Creek, AZ.
What are key features of this property?
This property features: Brand‑new 2022 construction with a **15‑year roof warranty**.; Located in Queen Creek, one of the **highest growth areas in Arizona**.; Outparcel to new Safeway‑anchored community center, driving traffic.
(480) 586-4096 Call to check price and availability
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