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Kneaders Bakery & Cafe 20630 N 75th Ave 4,050 SF Retail Building Glendale, AZ 85308 $3,768,984 CAD ($930.61 CAD/SF) 6.99% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier Arrowhead Location- Located just off Loop 101 and 75th Ave in the heart of Arrowhead Ranch—an established, affluent Glendale community.
- Freeway Visibility & Access- Less than 0.25 miles from Loop 101 with easy access and strong daily commuter traffic.
- Demand Drivers Nearby- Surrounded by Midwestern University, Arrowhead Country Club, Foothills Rec Center, and Arrowhead Towne Center.
- Freestanding Drive-Thru Format- Highly quality pad with drive-thru—ideal for long-term tenant demand and strong QSR performance.
- Strong Demographics- 96,000+ residents within 3 miles and average household incomes near $136K.
- High Barriers to Entry- Built-out submarket with limited new development, preserving long-term value
EXECUTIVE SUMMARY
Lee & Associates Commercial Real Estate Services is pleased to present a unique drive-thru retail opportunity in the highly desirable Central Peoria / Arrowhead Ranch submarket of Glendale, Arizona. This ±4,050 SF freestanding Kneaders Bakery & Café sits along 75th Ave just off Loop 101, within a high-income residential community.
The property offers stable in-place income from a national tenant, with future upside potential through re-tenanting or repositioning. Surrounded by strong demand drivers including Midwestern University, Arrowhead Towne Center, and Dream City Church, and located in a built-out area with limited new development, the Property benefits from excellent visibility, high traffic counts, and lasting competitive advantages. This opportunity is ideal for qualified investors seeking a low-management, cash-flowing retail asset with value-add potential in an affluent and desirable suburban trade area of Peoria/Arrowhead (Phoenix MSA).
The property offers stable in-place income from a national tenant, with future upside potential through re-tenanting or repositioning. Surrounded by strong demand drivers including Midwestern University, Arrowhead Towne Center, and Dream City Church, and located in a built-out area with limited new development, the Property benefits from excellent visibility, high traffic counts, and lasting competitive advantages. This opportunity is ideal for qualified investors seeking a low-management, cash-flowing retail asset with value-add potential in an affluent and desirable suburban trade area of Peoria/Arrowhead (Phoenix MSA).
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,050 SF
Building Class
B
Year Built
2015
Price
$3,768,984 CAD
Price Per SF
$930.61 CAD
Cap Rate
6.99%
NOI
$263,494 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.28 AC
Zoning
PAD
Parking
61 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
143’ on N 75th Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 200-20-014 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $357,194 CAD |
PROPERTY TAXES
Parcel Number
200-20-014
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$357,194 CAD
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Kneaders Bakery & Cafe | 20630 N 75th Ave
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