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Property profile & analytics
FOR SALE
Grocery and convenience stores

8870 W Thunderbird Rd Peoria, AZ 85381

5,821 SF 2.17 ac lot Built 2015
Entity Owned Free & Clear
Property ID
US07-2384224
8870 W Thunderbird Rd, Peoria, AZ 85381 For Sale
Contact for pricing 5,821 SF
8870 W Thunderbird Rd, Peoria, AZ 85381
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Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2015
Construction CONCRETE
Total area 5,821 SF
Lot 2.17 ac (94,574 SF)
Zoning code PAD
APN 200-63-594
UPID US07-2384224
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • QuikTrip Gas Station
  • Western Union Bank Credit Union
  • QT Grocery & Convenience Store
  • Amazon Locker - Acute Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.74M
Blend (final) Blend
$690k
Owner & transaction history
QUIKTRIP CORPORATION
QUIKTRIP CORPORATION
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 21-601. Planned Area Development (PAD). A. Intent. The Planned Area Development District (PAD) is intended to provide an alternative zoning district to the conventional zoning and development approaches and processes in the City of Peoria, Arizona in order that within this designated District the following goals may be achieved: 1. To enhance the City's…

Zone name Planned Area Development
General category INDUSTRIAL
Zone area 12,203.05 ac
Source Chapter 21 ZONING
Top alternative use upside
Retail stores $4.1M +82.5%
Restaurant $3.3M +49.5%
Commercial (general) $3.2M +42.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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