Burger King 9668 E Riggs Rd 2,879 SF Retail Building Chandler, AZ 85248 $2,825,280 CAD ($981.34 CAD/SF) 5.50% Cap Rate

The Offering provides the opportunity to acquire a freestanding Burger King operating on an absolute NNN lease through May 2036. The lease provides zero landlord responsibilities and features 10% rent escalations every five years. Positioned as a pad site within Ace Plaza, the property boasts excellent visibility and access along a key commercial corridor. The center draws strong customer traffic, complemented by a mix of daily needs and national retailers. The franchisee, Mindies Chandler Too, Inc., is a highly experienced Burger King franchisee with 9 locations throughout Arizona and a personal guaranty.
Located in Sun Lakes, a submarket of Chandler, and in one of the Southeast Valley’s most desirable master-planned communities, the site benefits from an affluent and growing population. The Property also benefits from proximity to Chandler’s thriving tech corridor, and access to major employers, including a growing healthcare industry.