Description
We are offering Tikka Drive, a single-tenant drive-thru restaurant investment at 80 W Warner Road in Chandler, Arizona. The 2,380-square-foot building is leased on a 20-year absolute triple-net basis with annual rent increases, providing a long-term income structure with minimal landlord responsibilities. Year-one net operating income is $219,504, and the property is offered at $3,100,000, reflecting a 7.08% capitalization rate.
Founded in 2015, Tikka Drive expanded to this location in 2026 and opened its first drive-thru restaurant here in April 2026. The tenant is operating from the full building, creating a focused single-tenant investment with an established restaurant concept and a purpose-driven drive-thru format.
The one-story property was originally built in 1988 and renovated in 2026. It occupies approximately 0.73 acres, includes on-site signage and drive-thru access, and is zoned C-R for mixed commercial and residential uses. The property is identified as APN 302-28-272.
The site is positioned near the intersection of Arizona Avenue and Warner Road in Chandler, with access to surrounding residential neighborhoods, employment centers and the broader Southeast Valley transportation network. The location supports daily-needs traffic and convenient regional connectivity for customers and employees.
Offering Summary
- Asking Price$3,100,000
- Price PSF$1,302.52
- Property TypeRetail
- Size2,380 SF
- Occupancy100%
- Built1988
- Total Acres~0.73 ac
Sale Details
- Walt20 Years
- Cap Rate7.08%
- NOI$219,504
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
2,380 SF - Year Built
1988 - Year Renovated
2026 - Acres
0.73 - Zoning
C-R - Mixed Use Commercial/Residential - APN
302-28-272
Deal Team
