Rare opportunity to lease an existing freestanding drive-thru restaurant in one of Central Phoenix's most desirable and supply-constrained restaurant trade areas. The property features approximately 196 feet of frontage on Indian School Road, monument signage, 41 on-site parking spaces, an exceptional 10.11 spaces per 1,000 SF parking ratio, indoor dining, outdoor patio seating and maximum occupancy of approximately 138 guests.
Originally constructed in 2016 for Kneaders Bakery & Café, the property underwent a major renovation in 2022 reportedly exceeding $1.5 million for the current tenant, Black Rifle Coffee Company. The existing modern restaurant improvements and infrastructure provide an incoming operator the opportunity to potentially save substantial time and expense compared with ground-up development. Looking for a minimum of a 10 year term.
Black Rifle Coffee Company remains in operation, with the premises expected to become available January 1, 2027. Any new lease will be contingent upon successful termination of the existing lease. Please do not disturb the tenant; however, prospective tenants and brokers are welcome and encouraged to visit the business as customers.
The current tenant's business-model restructuring and anticipated exit create an unusual opportunity for an established restaurant, café or fast-casual concept seeking a clean, modern, drive-thru location in the heart of Arcadia. Existing furniture, fixtures and equipment remaining upon tenant vacancy are anticipated to stay with the premises, subject to confirmation.
Strategically positioned on Indian School Road just west of 44th Street, the property offers outstanding visibility and convenient access to Arcadia, the Camelback Corridor, Biltmore, Paradise Valley and Phoenix Sky Harbor International Airport. The combination of an existing drive-thru, substantial parking, nearly one acre of land and modern restaurant infrastructure is increasingly difficult to replicate in this high-barrier-to-entry infill trade area.
William Clarkson
Bill Clarkson, CCIM Realty Executives Commercial