Absolute NNN Restaurant
For Sale
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701 Riverside Drive, Parker, AZ 85344
Burger King occupies the site under a long-term absolute NNN lease with extension options.
Property SizeContact for details
Days on Market189
Property Features for 701 Riverside Drive
General Information
Standard status
Active
Building Details
Tenancy
Single
Listing Agency:
EXP Commercial
Listed By:
Nikki Bagnato · License #Sa668263000
(602) 820-4634
Source:
Expcommercial
Added: Apr 11
Changed: Oct 15
Last Checked: Oct 14 at 7:33PM
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 EXP Commercial
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Investment Insights
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This fee-simple restaurant property in Parker, Arizona is occupied by Burger King under an absolute NNN lease. The initial term has more than 9.5 years remaining, followed by two 1-year extension options. Contractual rent growth includes a 3% increase every 5 years, along with 8% percentage rent paid at year-end based on reported sales.
Burger King has operated at the Parker location for over 10 years. The current operator, Provident Capital Partners Arizona, LLC, runs multiple quick-service restaurant concepts nationally. Parker functions as a gateway to Lake Havasu, which draws approximately 835,000 visitors annually. Nearby businesses and services include McDonald’s, Walmart, Hampton Inn, Arizona Western College, O’Reilly Auto Parts, Pizza Hut, Wells Fargo, and Family Dollar.
Burger King has operated at the Parker location for over 10 years. The current operator, Provident Capital Partners Arizona, LLC, runs multiple quick-service restaurant concepts nationally. Parker functions as a gateway to Lake Havasu, which draws approximately 835,000 visitors annually. Nearby businesses and services include McDonald’s, Walmart, Hampton Inn, Arizona Western College, O’Reilly Auto Parts, Pizza Hut, Wells Fargo, and Family Dollar.
Key Highlights
- Fee‑simple property leased to Burger King under an absolute NNN structure
- More than 9.5 years remain in the initial lease term
- Two 1‑year extension options are included
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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Business Placement
Demographics for 85344, AZ
9,137
Population
6,815
Households
1.3
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
880.3 sq mi
ZIP Area
10
Density / Sq Mi
$54,872
Median Household Income
$37,317
Median Earnings
$781
Median Rent
$173,200
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - Burger King occupies the site under a long-term absolute NNN lease with extension options.
Where is this nnn property located?
The property is located at 701 Riverside Drive Parker, AZ.
What are key features of this property?
This property features: Fee‑simple property leased to Burger King under an absolute NNN structure; More than 9.5 years remain in the initial lease term; Two 1‑year extension options are included
