NNN Drive-Through Investment
For Sale
Contact for pricing
Pending
6680 W Peoria Avenue, Glendale, AZ 85302
Freestanding restaurant investment with an established operator, extended lease term, and signalized corner positioning in Glendale.
Property SizeContact for details
Days on Market143
Property Features for 6680 W Peoria Avenue
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Drive-Thru
Yes
Listing Agency:
SRS Real Estate Partners Newport Beach
(602) 682-6040
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 12:05PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple NNN property includes the land and building occupied by Federico’s Mexican Food, a 24-hour drive-through restaurant. Araiza Brothers Enterprises II Inc. recently exercised its second five-year renewal option, with one additional option remaining from the original lease structure. The agreement provides 3% annual increases, while landlord obligations are limited to certain HVAC, roof, and structural repairs.
The property occupies the signalized intersection of W. Peoria Avenue and N. 67th Avenue in Glendale, AZ, where the two thoroughfares generate a combined 53,000 VPD. The surrounding retail concentration includes Walmart Neighborhood Market, Bealls, Dollar Tree, O’Reilly Auto Parts, Chase Bank, AutoZone, McDonald’s, and Goodwill. Glendale Community College is less than 2 miles away and reported enrollment of over 28,700 students as of 2017. The five-mile trade area includes over 405,000 residents and nearly 124,000 employees, with average household income of $63,987.
The property occupies the signalized intersection of W. Peoria Avenue and N. 67th Avenue in Glendale, AZ, where the two thoroughfares generate a combined 53,000 VPD. The surrounding retail concentration includes Walmart Neighborhood Market, Bealls, Dollar Tree, O’Reilly Auto Parts, Chase Bank, AutoZone, McDonald’s, and Goodwill. Glendale Community College is less than 2 miles away and reported enrollment of over 28,700 students as of 2017. The five-mile trade area includes over 405,000 residents and nearly 124,000 employees, with average household income of $63,987.
Key Highlights
- NNN lease with 3% annual increases and limited landlord responsibilities
- Second 5‑year renewal option recently exercised; one option remains
- 24‑hour drive‑through restaurant occupied by Federico’s Mexican Food
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
245k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 24%
Groceries 16%
Apparel 9%
Walmart Neighborhood Market
Groceries
38,249 visits/mo
0.2 miles
McDonald's
Dining
33,992 visits/mo
0.0 miles
Dollar Tree
Shops & Services
24,873 visits/mo
0.1 miles
Chase Bank
Shops & Services
17,766 visits/mo
0.2 miles
Starbucks
Dining
16,002 visits/mo
0.2 miles
Demographics for 85302, AZ
41,369
Population
15,767
Households
2.6
Avg Household Size
36
Median Age
20%
College-Educated
85%
High-School Grad
6.0 sq mi
ZIP Area
6,895
Density / Sq Mi
$62,516
Median Household Income
$38,629
Median Earnings
$1,241
Median Rent
$326,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant investment with an established operator, extended lease term, and signalized corner positioning in Glendale.
Where is this nnn property located?
The property is located at 6680 W Peoria Avenue Glendale, AZ.
What are key features of this property?
This property features: NNN lease with 3% annual increases and limited landlord responsibilities; Second 5‑year renewal option recently exercised; one option remains; 24‑hour drive‑through restaurant occupied by Federico’s Mexican Food
