Hawaiian Bros Phoenix, AZ

North 99th Avenue & McDowell Road
Phoenix, AZ

Price: $4,636,000
Cap Rate: 5.50%
NOI: $255,000
Building Size: Approx. 2887 Sq. Ft.
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2025

Investment Overview

  • 2025 Construction. 2,887+/- SF Building on 1.02+/- Acre Site
  • 20-Year Absolute NNN Lease With 10% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
  • Brand New Construction Sale-Leaseback with Stine Enterprises – Operates 87 Jack in the Box, 16 Denny’s and 26 Hawaiian Bros Restaurants; 2024 Revenues Exceeded $270M
  • Prime Hard Corner Location at 99th Ave & McDowell Rd – Signalized intersection w/ Direct Access to Loop 101 & I-10 (300k+ VPD)
  • Minutes From the Southwest Valley Industrial Corridor – Largest Industrial Land Concentration in Greater Phoenix
  • Hawaiian Bros is One of the Fastest Growing and Highest Performing Restaurant Brands w/ Average Unite Volume of $4.6M
  • Phoenix | One of the Fastest Growing MSAs in the US | Population: 4.9M+

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