Listed by Phoenix Commercial Advisors
$2,998,000
NANDO'S AT EDISON POINTE
Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,152
Cap Rate 5.5%
NOI $164,864
Occupancy 100%
Tenancy Single
Brand/Tenant Nando's Mexican Cafe
Lease Type NNN
Rent Bumps Yes
Price per SqFt $582
Year Built 2023
Ground Lease No
Retail | 5.50% CAP | 5,152 SqFt
Investment highlights
INVESTMENT HIGHLIGHTS
- Nando’s Mexican Cafe is part of a thriving retail center anchored by the number 1 Fry’s Marketplace in Arizona by traffic volume, according to Placer.ai
- Compounding rent growth with annual rent increases through their primary term and option period
- Excellent retail synergy in the shopping center with retailers including Fry’s Marketplace, Ross, Planet Fitness, Goodwill, and Dollar Tree
- Top ranking store locations for many tenants in the center, according to Placer.ai: Fry’s Marketplace is the number 1 Fry’s in Arizona; Petco is number 9; and Dollar Tree is in the top quarter
LOCATION HIGHLIGHTS
- Maricopa is the 5th fastest-growing large city in the United States
- Since 2010, Maricopa has seen its population grow by 67%, with a 7.1% jump in just the past year alone
- High-income trade area; Maricopa has an average household income of $107,988 and the average household income within a 1-mile radius is over $114,000
- Easy access from John Wayne Parkway, the main artery of Maricopa with nearly 47,000 vehicles per day
- Strong customer base with disposable income and a median age of 35.7 and a family size of 3.33 per household within 5 miles
Listing Contacts
Listed by Phoenix Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,864.00
$13,738.67/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
CB-2 CommercialGeneral CommercialGeneral Business Zone
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View all 139 uses
View all 139 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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