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Single-Tenant Retail NNN Lease
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19355 W Indian School Rd, Litchfield Park, AZ 85340

Brand-new 2023 Macayo’s Mexican Food property on an absolute NNN lease with zero landlord responsibilities.

Property SizeContact for details
Days on Market121

Property Features for 19355 W Indian School Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Retail Investment Group LLC
Listed By: Steven Davis · License #AZ BR101032000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:27PM

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 Retail Investment Group LLC

Investment Insights

Based on property information with market context.

This offering is for a single-tenant Macayo’s Mexican Food retail property constructed in 2023. The building totals approximately 4,500 square feet, plus an approximately 1,500 square foot covered patio, and sits on about 1.68 acres. The property is structured as a long-term absolute NNN lease with zero landlord responsibilities, supported by a new 15-year lease set to commence at completion of construction (COE).

The site is described as being at the southeast corner of Indian School Road and Jackrabbit Trail in Litchfield Park, Arizona. Nearby and adjacent retail uses include O’Reilly Auto Parts, Dollar Tree, Goodwill, Jack in the Box, Popeyes, Salad and Go, and Sherwin-Williams Paint.

The lease includes 8.5% increases every five years and offers options, and the transaction is presented as a 15-year sale-leaseback arrangement.

Key Highlights

  • Brand‑new 2023 Macayo’s Mexican Food retail building totaling ±4,500 SF plus a ±1,500 SF covered patio
  • Long‑term absolute NNN lease with zero landlord responsibilities (15‑year sale‑leaseback)
  • New 15‑year lease will commence at COE; includes 8.5% increases every 5 years plus options

Property Analytics

Current Use

Macayo's Mexican Food Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Auto Repair Shop Building Supply 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.

Location Intelligence

Trade Area within ½ mile

1,116
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 34% Shops & Services 26%
Safeway Groceries
40,354 visits/mo 0.4 miles
Dutch Bros. Coffee Dining
27,077 visits/mo 0.3 miles
Cobblestone Auto Spa Shops & Services
12,887 visits/mo 0.2 miles
Wells Fargo Shops & Services
11,296 visits/mo 0.3 miles
Burger King Dining
7,736 visits/mo 0.2 miles

Demographics for 85340, AZ

33,778
Population
13,336
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
93%
High-School Grad
31.3 sq mi
ZIP Area
1,079
Density / Sq Mi
$117,193
Median Household Income
$54,004
Median Earnings
$1,924
Median Rent
$499,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - Brand-new 2023 Macayo’s Mexican Food property on an absolute NNN lease with zero landlord responsibilities.
Where is this nnn property located?
The property is located at 19355 W Indian School Rd Litchfield Park, AZ.
What are key features of this property?
This property features: Brand‑new 2023 Macayo’s Mexican Food retail building totaling ±4,500 SF plus a ±1,500 SF covered patio; Long‑term absolute NNN lease with zero landlord responsibilities (15‑year sale‑leaseback); New 15‑year lease will commence at COE; includes 8.5% increases every 5 years plus options
More about this property
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