16986 Pat Tillman Blvd Surprise, AZ 85387
Exceptional investment opportunity: a brand-new, 3,843 square foot McDonald's located in Surprise, Arizona, at 16986 W Pat Tillman Blvd, 85387. This single-tenant, absolute NNN ground lease boasts a 20-year initial term with 10% rent increases every five years and six, five-year renewal options. The property is situated on a 1.07-acre lot and benefits from a corporate guarantee from McDonald's, a globally recognized brand with exceptional creditworthiness. The property's strong financial performance is reflected in a $3,333,333 asking price, a 3.75% cap rate, and a $125,000 annual net operating income (NOI). Built in 2024, this modern facility is strategically positioned as an outparcel to a new Fry's Marketplace, benefiting from high traffic volume in the rapidly growing Asante master-planned community. This community is experiencing significant residential development, with over 15,000 new homes either built, planned, or under construction within a three-mile radius. The property's location near major roadways, including the Loop 303 Freeway, ensures excellent visibility and accessibility. This is a truly passive investment opportunity with zero landlord responsibilities, offering a stable and predictable income stream for years to come. The low ground rent further enhances the investment's attractiveness. This is a rare opportunity to acquire a high-quality, net-leased McDonald's in a prime location with exceptional growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.