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27141597
27141590

7425 S 19th Ave, Phoenix, AZ 85041

RB
AZ SA16481000
CBRE - Phoenix
Listed by CBRE - Phoenix
$2,950,000
236 days on market
Updated 8 days ago

Angie's Lobster at 19th Ave & Baseline

Details
APN 105-97-796A
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,915
Cap Rate 6.27%
NOI $185,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 14
Year Built 2025
Acreage 0.780
Zoning C-2, City of Phoenix
Lease Commencement 10/31/2024

Retail | 6.27% CAP | 1,915 SqFt

Marketing description

For Sale

Discover 7425 S 19th Avenue, Phoenix, Arizona, a 1,915-square-foot restaurant space offering a unique opportunity to acquire a highly efficient, luxury fast-food restaurant. Angie’s Lobster, a restaurant chain built on the mission of making luxury foods affordable, will occupy the building after construction is completed in May 2026. Situated in the heart of the South Mountain area, the property is surrounded by new-home communities currently under construction, which are contributing to sustained population growth and increasing demand for dining options. The site benefits from exceptional visibility and accessibility along Baseline Road, which carries approximately 49,717 vehicles per day, offering strong exposure and consistent traffic.

Through a vertically and horizontally integrated approach, Angie’s Lobster controls its supply chain end-to-end, eliminating intermediaries and significantly reducing costs while maintaining premium quality. The building features a drive-thru and air conditioning, making it well-suited for quick-service, fast-casual, or innovative restaurant concepts. Angie’s Lobster designs further enhance efficiency through self-ordering kiosks, self-service drink stations, and a minimal staffing model, all of which support smooth daily operations.

Angie’s Lobster is positioned directly across from The Grove on Baseline, a proposed 111,900-square-foot retail center, further strengthening the area’s retail synergy. Additionally, it is near a strong mix of national retailers and food providers, including EOS Fitness, Chipotle, Starbucks, Lowe’s, Goodwill, Dunkin’, CVS, and Wells Fargo, generating consistent cross-traffic and daily consumer activity. 7425 S 19th Avenue is surrounded by a densely populated, affluent 5-mile radius of more than 196,000 residents with an average household income exceeding $98,000, who collectively spend over $214 million annually on food away from home.

This offering represents a compelling opportunity to acquire a strategically located restaurant in one of Phoenix’s most active and expanding corridors.

Investment highlights

  • Join a top performing

  • Opening March 2026

  • Zoned c-2, city of phoenix

  • High traffic counts with ±49,717 VPD* on baseline road (source: ADOT)

  • New home communities now underconstruction surrounding subject project

  • Excellent location in the rapidly growing market of the south mountain area.

Listing Contacts

RB
AZ SA16481000
CBRE - Phoenix
Listed by CBRE - Phoenix

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$185,000.00
$15,416.67/mo

Valuation Metrics

0
DSCR
6.27%
Cap Rate
6.27%
ROI

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