8220 W Thunderbird Rd, Peoria, AZ 85381

This property offers a single-tenant Salad and Go double drive-thru investment opportunity in Peoria, AZ, featuring an absolute triple-net (NNN) ground lease with approximately 16.5 years of initial term remaining and attractive 2% annual rental increases. Salad and Go operates approximately 70 locations across Arizona and Nevada, offering fresh, made-to-order food at an affordable price point. The property has frontage and excellent visibility on W Thunderbird Rd, with a traffic count of approximately 33,651 vehicles per day, and is just off the signalized intersection with N 83rd Ave, which has a combined traffic count of approximately 53,375 vehicles per day. It is situated in a dense retail corridor with many traffic drivers in the immediate area, including an EoS Fitness anchored center, a Sprout’s Farmers Market anchored center, and a Lowe’s Home Improvement center at the subject property intersection. The Peoria Sports Complex, with approximately 12,518 seats and approximately 212,514 annual visitors, is approximately 4 minutes north. Adjacent to Peoria Sports Complex is the new Stadium Point @P83, a approximately $510M, approximately 17-acre mixed-use project which includes approximately 645,000 square feet of class-A office, approximately 357 multi-family units, a approximately 220 room hotel, and approximately 93,000 square feet of upscale retail and dining. Arrowhead Towne Center, a approximately 1.1M square feet regional shopping mall with approximately 8.9M annual visitors, is approximately 7 minutes north. The location boasts a dense population of approximately 120,343 and a healthy average household income of approximately $98,217. The property size is 734 square feet.