| Purchase Price | $2,975,000 |
|---|---|
| Annual Rental Income | $178,500 |
| Cap Rate | 6.00% |
| Lease Term | 20 Years |
| City | Phoenix MSA |
"*" indicates required fields
Burger King Net Lease Investment – Phoenix MSA
Single-Tenant QSR Opportunity in One of the Fastest-Growing Metros in the U.S.
This offering presents a rare opportunity to acquire a single-tenant Burger King property located in the Phoenix metropolitan statistical area (MSA), a nationally recognized growth market driven by in-migration, job creation, and favorable business conditions. The property is backed by an absolute triple-net lease, providing long-term, passive income from one of the most recognizable quick-service restaurant (QSR) brands in the world. Strategically situated in a high-traffic suburban corridor with excellent access, the property benefits from strong demographics, visible frontage, and synergy with nationally anchored retail.
As Burger King continues to modernize its operations and strengthen its footprint in the Western U.S., Arizona plays a key role in its regional growth strategy. With robust underlying real estate fundamentals and an essential-use tenant in place, this investment offers stability, income reliability, and long-term appreciation in one of the country’s top-performing Sunbelt markets.
Tenant Overview – Burger King
Burger King is one of the most established QSR brands in the world, operating more than 18,000 locations globally and over 6,000 units across the United States. Founded in 1954 and currently owned by Restaurant Brands International (RBI), the brand is supported by institutional ownership and multi-unit franchisee operations. Known for its flame-grilled burgers, affordable meal options, and drive-thru-first format, Burger King remains a consistent performer in both suburban and urban trade areas.
The tenant’s operations in Arizona are typically managed by experienced franchisees with deep regional knowledge and proven track records. These operators maintain corporate-approved designs and operating standards, ensuring consistency, throughput, and adherence to national marketing initiatives. Locations in the Phoenix MSA have benefited from growing residential density, high-frequency drive-thru use, and increased digital order volume.
Burger King continues to invest in digital infrastructure, store reimaging, and value-based promotions—strengthening its position in the increasingly competitive QSR segment. As an essential-use tenant with consistent performance in economic cycles, Burger King offers long-term durability and national brand recognition for passive real estate investors.
Phoenix MSA – Rapid Growth, Economic Diversity, and National Appeal
The Phoenix MSA is one of the fastest-growing metro areas in the United States, with a population exceeding 5 million and an influx of over 100,000 new residents annually. Driven by its affordable cost of living, tax-friendly environment, and growing technology and healthcare sectors, Phoenix consistently ranks among the top destinations for business relocations and inbound migration from California, the Midwest, and the Pacific Northwest.
The local economy is supported by a diverse mix of industries, including advanced manufacturing, aerospace, logistics, healthcare, education, and financial services. Major employers in the area include Banner Health, Intel, American Express, Amazon, Honeywell Aerospace, and Arizona State University. These economic drivers contribute to steady job growth, rising household incomes, and strong demand for neighborhood-based retail and foodservice.
The Phoenix market has become a key target for national retailers and QSR brands due to its scalable population growth and infrastructure development. With expanding suburban corridors and limited developable commercial land in certain areas, well-positioned outparcel QSR sites have become increasingly valuable for long-term investment.
Absolute Triple-Net Lease – Passive, Predictable Income
This Burger King property is secured by an absolute NNN lease, which places all operating responsibility—including taxes, insurance, and maintenance—on the tenant. This lease structure allows for a fully passive ownership experience with no management or capital expense exposure. The lease features structured rental increases that provide built-in income growth and protect against inflation over the long term.
This investment is well suited for 1031 exchange buyers, trust-based ownership entities, and income-focused portfolios seeking long-term cash flow from a national brand tenant. With a reliable franchisee operator and a site selected for visibility and access, the lease structure enhances the investment’s predictability and efficiency.
High-Traffic Location in a Retail-Dense Corridor
The Burger King property benefits from its positioning on a major arterial road with traffic counts exceeding 35,000 vehicles per day. The location offers excellent visibility and access, with full ingress and egress from both directions and strong monument signage. It is positioned within a trade area anchored by national tenants, medical clinics, auto service operators, and grocery-anchored retail centers.
Nearby retailers include Walmart Supercenter, Fry’s Food & Drug, Walgreens, Dutch Bros Coffee, Circle K, and other fast food and service-based brands. This clustering of essential, high-frequency uses reinforces the area’s role as a daily destination and ensures strong consumer activity throughout the week.
The site is also surrounded by single-family homes, multifamily communities, and new residential development, contributing to long-term demand for drive-thru foodservice and supporting tenant performance. The area’s strong commuter base and regional connectivity enhance visit frequency and drive consistent throughput.
Arizona – Business-Friendly Environment with Long-Term Population Growth
Arizona ranks among the most business-friendly states in the country, offering a streamlined permitting process, low corporate taxes, and no tax on inventory. Its affordable real estate market, growing labor pool, and access to major logistics routes have made it a top relocation destination for businesses and individuals alike.
Maricopa County, which includes the city of Phoenix and its surrounding suburbs, has been the fastest-growing county in the United States for multiple years. This growth has driven consistent demand for neighborhood retail, healthcare services, and quick-service food operations—particularly those with national brand strength and proven delivery models.
Arizona’s legal and tax framework continues to attract long-term institutional capital, and well-located, tenant-backed net lease properties have become highly competitive among buyers seeking yield and asset preservation in high-growth states.
Demographics and Consumer Profile
These demographic trends align with Burger King’s operational model, which is centered on value pricing, fast service, and familiarity across income brackets. The strong commuter and residential base in the area supports repeat visitation and long-term tenant performance.
Investment Highlights
Conclusion
This Burger King property in the Phoenix MSA presents a compelling opportunity to acquire a high-performing net lease asset in one of the most dynamic and demographically favorable markets in the country. With a national QSR tenant, fully passive lease structure, and strategic location in a high-traffic suburban corridor, this investment offers durable income, long-term tenant security, and strong underlying real estate value.
Phoenix continues to attract both institutional and private capital due to its growth fundamentals, and properties like this—combining visibility, brand credit, and passive income—remain in high demand. Whether for portfolio diversification, wealth preservation, or 1031 exchange purposes, this offering provides the key characteristics of a secure, income-generating net lease investment.