Ono Hawaiian BBQ Ground
For Sale
$2,105,000
1205 N Estrella Pkwy, Goodyear, AZ 85338
New 15-year NNN ground lease with strong income growth.
Property Size2,350 SF
Price / SF$895.74
Days on Market158
Property Features for 1205 N Estrella Pkwy
General Information
Standard status
Active
Size
2,350 SF
Property subtype
Retail
Listing Agency:
Phoenix Commercial Advisors
Listed By:
Chad Tiedeman · License #SA536326000
(602) 288-3472
Source:
Phoenixcommercialadvisors
Added: Apr 1
Changed: Aug 8
Last Checked: Sep 5 at 5:24AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Brand new 15‑year absolute NNN corporate ground lease. Landlord has NO responsibilities.
- Strong 10% rent increases every 5 years.
- Double drive‑thru for faster service.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 85338, AZ
59,313
Population
23,748
Households
2.5
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
76.0 sq mi
ZIP Area
780
Density / Sq Mi
$99,345
Median Household Income
$49,057
Median Earnings
$1,822
Median Rent
$396,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - New 15-year NNN ground lease with strong income growth.
Where is this drive through restaurant located?
The property is located at 1205 N Estrella Pkwy Goodyear, AZ.
What is the asking price?
The asking price for this property is $2,105,000.
What are key features of this property?
This property features: Brand new 15‑year absolute NNN corporate ground lease. Landlord has NO responsibilities.; Strong 10% rent increases every 5 years.; Double drive‑thru for faster service.
