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Bojangles Absolute NNN Property
New
For Sale
$7,407,000

9811 W Indian School Road, Phoenix, AZ 85037

Planned Bojangles restaurant with an absolute NNN lease and PUD zoning.

Property Size2,900 SF
Days on Market7

Property Features for 9811 W Indian School Road

General Information

Standard status Active
Size 2,900 SF
Property subtype Retail
Zoning PUD - Planned Unit Development

Building Details

Building Size 2,900 SF
Year Built 2026
Buildings 1
Tenancy Single
Listing Agency: SRS Industrial - Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Srsre
Added: Sep 20 Changed: Sep 24 Last Checked: Sep 24 at 6:35AM

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 SRS Industrial - Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple property includes land and building ownership for a Bojangles restaurant at 9811 W. Indian School Road in Phoenix. Construction is underway, with completion and a grand opening estimated for mid-November 2026; the property carries a 2026 year built designation.

LVP Restaurant Group, LLC is the tenant under a new 20-year lease that includes two 10-year extension options. The agreement uses an absolute NNN structure with no landlord responsibilities and provides 2% annual rent increases during the initial term and option periods. The property is zoned PUD - Planned Unit Development.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • New 20‑year lease with two 10‑year extension options
  • 2% annual rent increases during the initial term and option periods

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Restaurant Dental Office Real Estate Agency Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 47%
7-Eleven Shops & Services
12,056 visits/mo 0.4 miles
Jack in the Box Dining
10,795 visits/mo 0.4 miles

Demographics for 85037, AZ

50,929
Population
16,020
Households
3.2
Avg Household Size
29
Median Age
14%
College-Educated
79%
High-School Grad
8.2 sq mi
ZIP Area
6,211
Density / Sq Mi
$81,919
Median Household Income
$40,866
Median Earnings
$1,649
Median Rent
$290,600
Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Planned Bojangles restaurant with an absolute NNN lease and PUD zoning.
Where is this nnn property located?
The property is located at 9811 W Indian School Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $7,407,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; New 20‑year lease with two 10‑year extension options; 2% annual rent increases during the initial term and option periods
More about this property
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