For Sale
$3,333,333

16986 Pat Tillman Blvd Surprise, AZ 85387

Arizona QSR, 20-Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • 20-year initial lease with 10% rent increases every five years and six five-year renewal options.
  • Absolute NNN lease with McDonald's, a globally recognized brand with investment-grade credit.
  • Grocery-anchored outparcel to a new Fry's Marketplace in a rapidly growing master-planned community.
  • Zero landlord responsibilities; a truly passive investment.
  • Located in Surprise, AZ, within a three-mile radius of over 15,000 new homes planned or under construction.
  • New construction (2024), situated near major roadways including the Loop 303 Freeway.

Property Details for 16986 Pat Tillman Blvd

Property type
Retail properties
Square Feet
3,843 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
46,609 SF

Location Insight

City
Surprise
County
Maricopa
State
Arizona
Latitude
33.6968905
Longitude
-112.4143839

FAQs

What type of property is this?
Retail property - Arizona QSR, 20-Year Lease
Where is the retail property located?
The property is located at 16986 Pat Tillman Blvd Surprise, AZ.
What is the asking price?
The asking price for this property is $3,333,333.
What are key features of this property?
This property features: 20-year initial lease with 10% rent increases every five years and six five-year renewal options.; Absolute NNN lease with McDonald's, a globally recognized brand with investment-grade credit.; Grocery-anchored outparcel to a new Fry's Marketplace in a rapidly growing master-planned community.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
16986 Pat Tillman Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message