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Tikka Drive 80 W Warner Rd 2,380 SF Retail Building Chandler, AZ 85225 $4,391,181 CAD ($1,845.03 CAD/SF) 7.08% Cap Rate
Investment Highlights
- New 20 Year Absolute NNN Lease w/Annual Increases
- On Pace to do over $2.5M in Sales Year 1
- Experienced Operator
Executive Summary
EXCLUSIVELY LISTED BY ORION INVESTMENT REAL ESTATE - Nick Miner, CCIM
Founded in 2015, Tikka Drive expanded to this location in 2026 to become the brand's first drive-thru restaurant, with the grand opening in April 2026. Located at 80 W. Warner Road, Chandler, AZ 85225, the property totals approximately 2,380 square feet and is secured by a long-term, absolute NNN lease with annual rent increases. Year one Net Operating Income (NOI) is $219,504.
Founded in 2015, Tikka Drive expanded to this location in 2026 to become the brand's first drive-thru restaurant, with the grand opening in April 2026. Located at 80 W. Warner Road, Chandler, AZ 85225, the property totals approximately 2,380 square feet and is secured by a long-term, absolute NNN lease with annual rent increases. Year one Net Operating Income (NOI) is $219,504.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,380 SF
Building Class
C
Year Built/Renovated
1988/2026
Price
$4,391,181 CAD
Price Per SF
$1,845.03 CAD
Cap Rate
7.08%
NOI
$310,930 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.73 AC
Zoning
C-R - Mixed Use Commercial/Residential
Amenities
- Bus Line
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 302-28-272 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $151,472 CAD |
Property Taxes
Parcel Number
302-28-272
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$151,472 CAD
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Tikka Drive | 80 W Warner Rd
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