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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 66 Updated: 07.28.25 Posted: 07.28.25 Status: Active     07.28.25

Summary

Price $395,000
Built/Renov 2024
Tenant Angie's Burger
Cap Rate 0.01%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 1,724
Lease Start 11-01-2024
#Units 1
Price/SF $229.12
Expiration 10-31-2044
Tenant Type Fast Food/QSR
NOI $23
R. Term 19.1
Ownership Fee Simple
Rent/SF $0.01
Increases 10.0%/6/yrs
Pop 5Mi 93,862
Lot/AC 0.72
Options 3/5yrs/10%
AHHI 5Mi $143,758

Highlights

  • The tenant has 20 Years Remaining with 3 (5-Year) Extension Options
  • Lease feautures 10% Rent Increases Every 5 Years
  • Absolute NNN Lease | Zero Landlord Responsibilities 
  • Personally Guaranteed Lease 

Location Description

Angie’s Burger is strategically located at the signalized hard-corner intersection of W. Indian School Road and N. Jackrabbit Trail (14,400+ VPD combined) in Buckeye, Arizona—part of the Phoenix MSA. The site sits within the planned Jack Rabbit Crossing development, anchored by ALDI, and adjacent to Village Grove at Verrado, a 169,570 SF retail center featuring Fry’s and Ace Hardware. The...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Angie’s Food Concepts is a collection of integrated QSR concepts. Founded in 2021 in Phoenix, AZ by the same founders as Salad and Go, the private company keeps luxury food such as Wild-caught...


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 8,696 50,500 112,557
2025 Total Population : 8,272 45,815 99,132
2025 Employed Civilian Pop : 4,008 22,668 46,629
2025 Total Businesses : 74 387 675
2025 Average Household Income : $ 166,019 $ 167,628 $ 145,326
2025 Total Consumer Spending : $ 381 M $ 2134 M $ 3967 M
2025 Median Age : 44 41 39
2025 Total Households : 2,748 15,042 32,000
2025 Pop Age 25+: Bachelor's Degree : 1,241 6,728 14,259
2025 Average Home Value : $ 618,674 $ 653,504 $ 595,458
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
W Indian School Rd N 195th Ave 2015 4,648 0.12 mi
N 195th Ave W Indian School Rd 2015 4,521 0.26 mi
N 195th Ave W Elm Dr 2015 5,529 0.68 mi
West Indian School Road N 189th Ave 2019 5,569 0.90 mi
W Thomas Rd N 191st Ave 2015 1,750 1.16 mi
N Perryville Rd Wigwam Blvd 2013 2,270 1.25 mi
187th Ave N Perryville Rd 2015 3,507 1.33 mi
Wigwam Blvd N Sedella Pkwy 2013 5,110 1.55 mi
North 195th Avenue W Monte Vista Rd 2018 6,389 1.57 mi
W Thomas Rd 187th Ave 2011 1,410 1.79 mi

Listing Broker

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