Ground-Leased Burger King
For Sale
Contact for pricing
Pending
1615 West Bell Road, Phoenix, AZ 85023
New 20-year Burger King ground lease with periodic rental increases and four 5-year extension options.
Days on Market112
Property Features for 1615 West Bell Road
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
38,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
JDS Real Estate Services, Inc.
(213) 446-5366
Listed By:
Jennifer D. Stein · License #OK LIC: 202306
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 30 at 3:40PM
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 JDS Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This Burger King is offered as a ground-leased restaurant under a new 20-year lease structure. The lease includes four 5-year extension options, with rental increases every five years. Tenant responsibilities include maintenance and expense obligations, and the Rent Commencement Date is anticipated for October. The lease is supported by a strong personal guaranty, with additional details available through the agent.
The property is located in a Phoenix retail trade area with high traffic drivers nearby. It is adjacent to a Sam’s Club shopping center and is just east of Interstate 17, a primary north-south thoroughfare through Phoenix. W Bell Road daily traffic counts exceed 38,000 vehicles per day, and Interstate 17 traffic counts exceed 206,000 vehicles per day. Surrounding retailers include Walmart Supercenter, Sam’s Club, Kohl’s, and Bell Town Centre.
The asset is leased to an experienced operator.
The property is located in a Phoenix retail trade area with high traffic drivers nearby. It is adjacent to a Sam’s Club shopping center and is just east of Interstate 17, a primary north-south thoroughfare through Phoenix. W Bell Road daily traffic counts exceed 38,000 vehicles per day, and Interstate 17 traffic counts exceed 206,000 vehicles per day. Surrounding retailers include Walmart Supercenter, Sam’s Club, Kohl’s, and Bell Town Centre.
The asset is leased to an experienced operator.
Key Highlights
- New 20‑year Burger King ground lease in a heavily trafficked Phoenix retail trade area
- Adjacent to a Sam’s Club shopping center, just east of Interstate 17
- Lease includes four 5‑year extension options
Property Analytics
Current Use
Lease Details
38,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85023, AZ
35,241
Population
14,765
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
7.4 sq mi
ZIP Area
4,762
Density / Sq Mi
$72,442
Median Household Income
$43,936
Median Earnings
$1,429
Median Rent
$359,200
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - New 20-year Burger King ground lease with periodic rental increases and four 5-year extension options.
Where is this conventional restaurant located?
The property is located at 1615 West Bell Road Phoenix, AZ.
What are key features of this property?
This property features: New 20‑year Burger King ground lease in a heavily trafficked Phoenix retail trade area; Adjacent to a Sam’s Club shopping center, just east of Interstate 17; Lease includes four 5‑year extension options
