Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    8495 Grand Ave Peoria, AZ 85345

    Sponsored
    For Sale
    $1,300,000

    Prime Peoria location, owner-user opportunity.

    Property size:
    4,412 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment or owner-user opportunity presents a 4,412 square foot restaurant with a drive-thru, situated on a 0.8-acre lot in Peoria, Arizona. The property, located at 8495 W Grand Ave, boasts a prominent Grand Avenue frontage and benefits from a C-3 zoning designation. The asking price is $1,300,000, translating to $294.65 per square foot. The property includes two buildings and is currently operating under a NNN lease, expiring December 31, 2024, with a remaining lease term of approximately one-tenth of a year. Rent increases are structured with a 4% bump annually on January 1st. The property's location offers significant advantages, with close proximity to key attractions including the Seattle Mariners Spring Training Stadium (3 miles), State Farm Cardinals Stadium (5 miles), and Sky Harbor International Airport (17 miles). This presents a unique chance to acquire a well-positioned restaurant property in a thriving area of Peoria, ideal for both investment and owner-user scenarios. The Assessor's Parcel Number (APN) is 142-42-042M. This is a single-tenancy property.

    Property Features for 8495 Grand Ave

    General Information

    Property type
    Restaurants
    Square Feet
    4,412 SF
    Lot Size
    34,848 SF

    Building Details

    Buildings
    2

    HighLights

    • Investment or owner‑user opportunity.
    • 4,412 SF restaurant with drive‑thru on 0.8‑acre lot.
    • Prominent Grand Avenue frontage in Peoria, AZ.
    • $1,300,000 asking price ($294.65/SF).
    • NNN lease expiring December 31, 2024, with 4% annual rent increases.
    Property Profile Location Intelligence

    Current Use by Public Records

    K-May Donuts & Bagels Donut Shop NN343HP Industrial Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2350003
    Latitude
    33.5788988

    Nearby Similar for Sale

    • New
      $425,000
      Pending

      Updated Duplex Investment Opportunity

      Updated duplex with excellent investment potential in Peoria, Arizona.
      8321 W Edwards St, Peoria, AZ 85345
      View Details
    • $1,495,000
      2,846 SF

      Peoria Assisted Living Facility ForSale

      Turnkey assisted living home in a desirable Peoria neighborhood.
      Peoria, AZ 85382
      View Details
    • $995,000
      0.57 Acres

      Corner Lot Near 101 Freeway

      Corner lot near 101 Freeway, ideal for retail.
      9134 W Peoria Ave, Peoria, AZ 85345
      View Details
    • $244,500
      1,144 SF

      Renovated Twin Home in 55+ Community

      Move-in ready twin home with modern updates in a vibrant community.
      10002 N 97Th Dr, Peoria, AZ 85345
      View Details
    • Contact for pricing
      62,178 SF

      Retail Space Near Arrowhead Center

      Retail property for sale near Arrowhead Towne Center.
      7759 W Bell Rd, Peoria, AZ 85382
      View Details
    • $440,000
      1,362 SF

      Updated Townhouse in Active Community

      Move-in ready townhouse with updated features and community amenities.
      9051 W Marco Polo Rd, Peoria, AZ 85382
      View Details
    • Contact for pricing
      2,858 SF

      Retail Pads with Drive-Thru

      Retail pads with drive-thru opportunities available for ground lease.
      Nwc Lk Pleasant Pkwy & Jomax Rd, Peoria, AZ
      View Details
    • $5,130,000
      7,872 SF

      Retail Space in Peoria, Arizona

      Retail property in a master-planned community near Loop 303.
      Swc Vistancia Blvd & El Mirage Rd, Peoria, AZ
      View Details
    • Contact for pricing
      180,000 SF

      Anchor Space in Peoria Center

      Junior anchor space available in a growing Peoria neighborhood.
      24640 N Lake Pleasant Pkwy, Peoria, AZ 85383
      View Details
    • $75,000
      896 SF

      Peoria Mobile Home with Amenities

      3BR mobile home in Peoria community with pool and clubhouse.
      7810 W Peoria Ave, Peoria, AZ 85345
      View Details
    • $168,000
      1,584 SF

      Updated Home in Quiet Community

      Updated 4-bedroom home in Peoria, move-in ready with community pool.
      10951 N 91St Ave, Peoria, AZ 85345
      View Details
    • $1,650,000
      5,740 SF

      Grand Avenue Retail Opportunity

      Retail property with frontage and outside storage for sale.
      9117 W Grand Ave, Peoria, AZ 85345
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Peoria location, owner-user opportunity.
    Where is this restaurant located?
    The property is located at 8495 Grand Ave Peoria, AZ.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Investment or owner-user opportunity.; 4,412 SF restaurant with drive-thru on 0.8-acre lot.; Prominent Grand Avenue frontage in Peoria, AZ.
    Request Owner's contact information
    8495 Grand Ave Peoria, AZ 85345
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8495 Grand Ave
    Peoria, AZ 85345
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8495 Grand Ave Peoria, AZ 85345
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.