Peoria (Phoenix), AZ 85383


Property Address

28576 North El Mirage Road, Peoria, AZ, USA

Offering Summary

  • Price: $3,600,000
  • Lot Size: .72 Acres
  • Year Built: 2023
  • Building SF: 2,400
  • Status: Closed
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  • New 20-Year Triple-Net (NNN) Corporate Lease with Chipotle
  • 10 Percent Rental Increases Every Five Years
  • New 2023 Construction with a "Chipotlane" Drive-Thru and 15-Year Roof Warranty
  • Chipotle Locations with a "Chipotlane" Generate 10 Percent More in Sales Than Traditional Chipotle Stores
  • Situated within Vistancia, One of the State's Largest Master-Planned Communities with Over 58,000 Residents
  • Across from Safeway and Surrounded by National Tenants - Walgreens, Circle K, Chase, etc.
  • Average Household Income Exceeds $143,000 within a Three-Mile Radius
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Roughly 28 Percent in a Three-Mile Radius by 2027
  • Adjacent to a New AutoZone and Retail Coming Soon and One Mile from a New Fry's Marketplace Currently in Development

Broker Information