Single-Tenant NNN
For Sale
Contact for pricing
Pending
5022 E Chandler Blvd, Phoenix, AZ 85048
Cracker Barrel occupies a 9,662-square-foot restaurant under an absolute NNN lease with no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 5022 E Chandler Blvd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Anchor Net Lease
Listed By:
Ryan O'Connell · License #BR575729000
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:18AM
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 Anchor Net Lease
Investment Insights
Based on property information with market context.
This fee-simple restaurant property contains 9,662 square feet and was constructed in 1998. Cracker Barrel is the sole tenant, occupying a building previously owned by the operator. A 2020 sale-leaseback established a 20-year lease with 1% annual rent increases during the primary term and four 5-year renewal options. The lease is structured on an absolute NNN basis, placing all landlord responsibilities with the tenant.
The property is located at 5022 E Chandler Blvd in Phoenix, Arizona, directly off Interstate 10 and visible from both Interstate 10 and Chandler Boulevard. Reported traffic volumes exceed 171,263 VPD on Interstate 10 and 42,617 CPD on Chandler Boulevard. Chandler Boulevard provides access to the site from the first major off-ramp for traffic arriving from Tucson. The property is situated in Ahwatukee, an established Phoenix neighborhood with residential communities, golf courses, schools, shopping, and food retail establishments.
The property is located at 5022 E Chandler Blvd in Phoenix, Arizona, directly off Interstate 10 and visible from both Interstate 10 and Chandler Boulevard. Reported traffic volumes exceed 171,263 VPD on Interstate 10 and 42,617 CPD on Chandler Boulevard. Chandler Boulevard provides access to the site from the first major off-ramp for traffic arriving from Tucson. The property is situated in Ahwatukee, an established Phoenix neighborhood with residential communities, golf courses, schools, shopping, and food retail establishments.
Key Highlights
- 9,662‑square‑foot Cracker Barrel restaurant in Phoenix, Arizona
- Fee‑simple ownership with Cracker Barrel as the single tenant
- 20‑year lease established through a 2020 sale‑leaseback
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 85048, AZ
34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
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?
NNN property - Cracker Barrel occupies a 9,662-square-foot restaurant under an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 5022 E Chandler Blvd Phoenix, AZ.
What are key features of this property?
This property features: 9,662‑square‑foot Cracker Barrel restaurant in Phoenix, Arizona; Fee‑simple ownership with Cracker Barrel as the single tenant; 20‑year lease established through a 2020 sale‑leaseback
