Listed by ORION Investment Real Estate
$3,100,000
Tikka Drive
Details
APN 302-28-272
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,380
Cap Rate 6.97%
NOI $216,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 20
Price per SqFt $1,303
Year Built 1988
Year Renovated 2026
Lot Size (SqFt) 37,718
Investment Type Net Lease
Absolute NNN with Annual Increases
Marketing description
EXCLUSIVELY LISTED BY ORION INVESTMENT REAL ESTATE - Nick Miner, CCIM
Founded in 2015, Tikka Drive expanded to this location in 2025 to become the brand's first drive-thru restaurant, with a grand opening scheduled for April 2026. Located at 80 W. Warner Road, Chandler, AZ 85225, the property totals approximately 2,380 square feet and is secured by a long-term, absolute NNN lease with annual rent increases. Year one Net Operating Income (NOI) is $216,000.
For the complete sales package, click here: https://nickminer.com/properties/tikkadrivechandler/
Listing Contacts
Listed by ORION Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$216,000.00
$18,000.00/mo
Valuation Metrics
0
DSCR
6.97%
Cap Rate
6.97%
ROI
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