1205 N Estrella Pkwy, Goodyear, AZ 85338

This property features a brand new 15-year absolute NNN corporate ground lease, offering a landlord with no responsibilities. The lease includes strong 10% increases every 5 years throughout the primary lease term and option periods, providing predictable and stable revenue growth. The property is occupied by Ono Hawaiian BBQ, a growing food trend with 23 years in the Hawaiian fast-casual business and over 115 locations in California, Texas, and Arizona. The new construction freestanding building includes a double drive-thru, enabling faster service for the high demand. As a high-performing fast-casual chain, Ono Hawaiian BBQ historically shows economic resilience due to its inclusive pricing. The property benefits from immediate access and strong visibility from Interstate 10, which sees nearly 206,000 vehicles per day. It is located in an affluent trade area with an average household income of approximately $135,357 within a 1-mile radius. The large potential customer base in the trade area has consumer spending on food away from home of nearly $275,000,000 within a 5-mile radius. The property is situated in a strong retail corridor with other traffic-drawing national tenants, including Walmart, ALDI, EOS Fitness, Conn’s HomePlus, BevMo!, and Starbucks, creating a synergistic effect and increasing insurability for strong sales. The property size is 2,350 SF and includes a double drive-thru.