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21611 N 26th Ave
Phoenix, AZ 85027 Deer Valley

$4,818,350 USD

Restaurant For Sale  •  9,606 SF

Property Details

• Property Type Restaurant
• Total Building Size 9,702 SF
• Lot Size 3.44 AC
• Building Class B
• Year Built 1997
• Cap Rate 5.25 %
• Tenancy Single
• Zoning I-1

31 Transit Score

41 Walk Score

Highlights

Long term Absolute Triple Net (NNN) lease with 14+ years remaining in the primary term. The lease includes 1% annual rent increases.

Current rent of approximately $26.07 PSF with modest annual increases supports long-term renewal probability and reduces mark-to-market risk.

Located just off Interstate 17 (111,168 VPD), with immediate access to Loop 101, two of Phoenix’s primary transportation corridors.

Located near the Phoenix campus of Taiwan Semiconductor Manufacturing Company (TSMC), representing an estimated $165 billion investment.

Oversized land component enhances long-term residual value and redevelopment flexibility.

Cracker Barrel Old Country Store, Inc. operates 650+ locations across 45 states and has been in continuous operation since 1969.

Cap Rate:

5.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cracker Barrel	9,702 SF	7/31/2040

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	32 min	-	23.8 mi