8877 W Thunderbird Rd.

The property occupies a signalized hard corner at W. Thunderbird Road and W. Rio Vista Boulevard, benefiting from approximately 31,700 vehicles per day on Thunderbird Road and immediate access to Loop 101, which carries more than 107,700 vehicles daily. The surrounding trade area is anchored by national retailers including CVS, Safeway, Sprouts Farmers Market, Lowe's, Dutch Bros, McDonald's, Walgreens, Chase Bank, and QuikTrip, as well as a significant concentration of medical offices, healthcare providers, apartments, and senior housing communities. More than 315,000 residents live within five miles of the property with an average household income exceeding $104,000, positioning the asset within one of the Phoenix MSA's strongest and fastest-growing suburban retail corridors.PROPERTY HIGHLIGHTS Lee & Associates is pleased to present the exclusive opportunity to acquire the fee simple interest in a freestanding, single tenant Biscuits Cafe located at 8877 W. Thunderbird Road in Peoria, Arizona. The 5,000 square foot restaurant sits on approximately 1.68 acres and is leased to Biscuits Enterprises, Inc. under an absolute NNN lease with 3% annual rent increases and 10+ years of remaining lease term. The tenant has demonstrated a long-term commitment to the location through an early lease extension, providing investors with stable cash flow, passive ownership, and a proven operating location. ***CONTACT LISTING BROKERS FOR MORE INFORMATION***