9040 Black Canyon HwyPhoenix, AZ 85051

This exceptional investment opportunity presents a 7,385 square foot Ojos Locos restaurant in Phoenix, Arizona. Located at 9040 N Black Cyn Hwy, 85051, this property boasts a 20.1-year absolute NNN lease with a corporate guarantee from Crazy Eyes Holdings, LLC, providing significant security. The lease commenced July 2, 2021, and has approximately 16.7 years remaining, offering substantial long-term income. The property sits on a 0.44-acre lot and features a 6.15% cap rate with a current annual net operating income (NOI) of $286,526. The lease includes attractive 2.00% annual rental increases, providing a hedge against inflation. Built in 2021, this 100% occupied restaurant offers a compelling investment with minimal landlord responsibilities. The property's strong tenant, favorable lease terms, and prime location in Maricopa County make it an ideal addition to any portfolio. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The asking price is $4,658,959.