Burger King NNN Restaurant
8425 W Thunderbird Rd, Peoria, AZ 85381
For Sale
New
$2,350,000
The real estate is offered with an existing NNN lease; the franchise and restaurant operating business are excluded.
Property Size3,614 SF
Price / SF$650.25
Days on Market5
Property Features for 8425 W Thunderbird Rd
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Highway Access
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Equipment Included
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
L.A. Fisher Real Estate Investment Company
Listed By:
Lee A. Fisher
(480) 390-8118
Source:
Findallphoenixhomelistings
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:59AM
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 L.A. Fisher Real Estate Investment Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding Burger King restaurant property in Peoria is leased to Barnett Krispin II, LLC. The existing NNN lease runs through December 1, 2039, and includes four additional 10-year renewal options. Contractual base rent is scheduled to increase 10% every five years, with the next increase set for March 2030. A personal guaranty supports the tenant’s lease obligations and may be assigned by the lessor.
The tenant is responsible under the lease for real estate taxes, insurance, utilities, operating costs, and extensive maintenance and repair obligations. These include work involving the building structure, roof, HVAC, parking lot, landscaping, and interior and exterior areas.
The offering includes the land, building, improvements, and the seller’s landlord interest under the lease, which will be assigned at closing. The Burger King franchise and operating business are not part of the sale. The property is on W. Thunderbird Road, east of Loop 101.
The tenant is responsible under the lease for real estate taxes, insurance, utilities, operating costs, and extensive maintenance and repair obligations. These include work involving the building structure, roof, HVAC, parking lot, landscaping, and interior and exterior areas.
The offering includes the land, building, improvements, and the seller’s landlord interest under the lease, which will be assigned at closing. The Burger King franchise and operating business are not part of the sale. The property is on W. Thunderbird Road, east of Loop 101.
Key Highlights
- Freestanding Burger King restaurant property in Peoria
- NNN lease term runs through December 1, 2039
- Four additional 10‑year renewal options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
405k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 22%
Groceries 9%
Home Improvements & Furnishings 8%
QuikTrip
Shops & Services
53,249 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
53,184 visits/mo
0.3 miles
McDonald's
Dining
39,382 visits/mo
0.1 miles
Sprouts Farmers Market
Groceries
36,916 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
30,782 visits/mo
0.1 miles
Demographics for 85381, AZ
27,008
Population
11,393
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
4,031
Density / Sq Mi
$94,442
Median Household Income
$49,458
Median Earnings
$1,726
Median Rent
$407,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for NNN properties in Maricopa County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - The real estate is offered with an existing NNN lease; the franchise and restaurant operating business are excluded.
Where is this nnn property located?
The property is located at 8425 W Thunderbird Rd Peoria, AZ.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Freestanding Burger King restaurant property in Peoria; NNN lease term runs through December 1, 2039; Four additional 10‑year renewal options
