Peoria Real Estate | Luxe Realty Group real estate

Prime NNN Investment Opportunity - Burger King! Acquire a freestanding, income-producing restaurant property leased to an established Burger King franchisee operating more than 50 locations throughout Arizona. The long-term NNN lease runs through December 2039, with four additional 10-year renewal options and scheduled rent increases, providing dependable, low-maintenance income at an approximate 5.15% cap rate. Sale includes the land, building, improvements, and assignment of the existing lease. Strategically located on the busy Thunderbird Road corridor just east of Loop 101, offering convenient freeway access and excellent commercial visibility. An ideal addition to an investment portfolio. Real estate only; business and franchise not for sale. Please do not disturb tenant or employees. INVESTMENT OPPORTUNITY Burger King Restaurant 8425 W. Thunderbird Road, Peoria, Arizona This offering presents the opportunity to acquire a freestanding Burger King restaurant property leased to Barnett Krispin II, LLC under a long-term NNN Lease. The existing Lease extends through December 1, 2039, providing approximately 13 years of remaining contractual term, scheduled rental increases, and four additional 10-year renewal options. INVESTMENT HIGHLIGHTS Tenant: Barnett Krispin II, LLC Property Use: Burger King Restaurant Lease Structure: NNN Lease Offering Price: $2,350,000 CAP Rate: Approximately 5.15% Current Base Rent: $10,083.34 per month Current Annual Base Rent: $121,000.08 Current Total Tenant Payment: $10,426.17 per month* Lease Expiration: December 1, 2039 Rent Increases: 10% every five years Next Scheduled Rent Increase: March 2030 Projected March 2030 Base Rent: Approximately $11,091.67 per month Renewal Options: Four additional 10-year options Personal Guaranty: Thomas D. Barnett and Georgia C. Barnett, husband and wife; assignable by the Lessor pursuant to the Guaranty. Tenant Expense Responsibilities: Tenant responsibilities include real estate taxes, insurance, utilities, operating costs, interior and exterior maintenance and repairs, parking lot maintenance, landscaping, HVAC maintenance, roof maintenance and repairs, structural maintenance, and other expenses as provided under the Lease. TENANT / OPERATOR PROFILE Barnett Krispin II, LLC is affiliated with Barnett Management Company, a long-established Arizona restaurant operator founded by Tom Barnett, with Shelley Krispin later joining the organization and becoming a partner. The organization has decades of experience operating Burger King restaurants in Arizona and has developed an established multi-unit presence throughout the market. Published franchise materials have identified Barnett Management as one of Arizona's largest Burger King franchise operators, with its portfolio growing to more than 50 Burger King restaurants in Arizona. Barnett Krispin II, LLC is the tenant under the Lease and operates the premises as a Burger King restaurant. Burger King Corporation is not the named tenant under the Lease. NNN LEASE STRUCTURE The Lease is structured as a NNN Lease, with the tenant responsible for real estate taxes, insurance, utilities, operating costs, maintenance and repairs, and other expenses as provided under the Lease. The tenant's maintenance responsibilities include the interior and exterior of the premises, parking lot maintenance, landscaping, air-conditioning maintenance, roof maintenance and repairs, and structural maintenance. Except for certain limited obligations expressly provided under the Lease, the Lease states that the Lessor has no responsibility for providing utilities, services, maintenance, repairs--structural or otherwise--or insurance for the premises. The tenant is also required to maintain property and liability insurance as specified under the Lease and is responsible for the cost of the required insurance coverage. PERSONAL GUARANTY The obligations of Barnett Krispin II, LLC under the Lease are supported by a Personal Guaranty executed by Thomas D. Barnett and Georgia C. Barnett, husband and wife. The Guaranty covers the tenant's obligations under the Lease and expressly provides that it may be assigned by the Lessor. The complete Personal Guaranty will be made available to prospective purchasers for review as part of their due diligence. BUILT-IN INCOME GROWTH The Lease provides for 10% increases in base rent every five years, creating scheduled income growth throughout the remaining lease term. Current contractual base rent is $121,000.08 annually, representing an approximate 5.15% CAP rate based upon the $2,350,000 offering price. Based upon the existing Lease escalation provision, base rent is projected to increase in March 2030 to approximately $11,091.67 per month, or $133,100 annually, representing an approximate 5.66% yield on the original $2,350,000 acquisition price. CURRENT RENT & PAYMENT BREAKDOWN The current contractual base rent is $10,083.34 per month. The tenant is currently remitting $10,426.17 per month, consisting of: Contractual Base Rent: $10,083.34 per month Additional Monthly Payment: $342.83 per month Total Current Monthly Payment: $10,426.17 per month The additional $342.83 monthly payment equals approximately 3.40% of the current contractual base rent. The nature and continuation of this additional payment should be independently verified from landlord and tenant payment records. The additional $342.83 monthly payment has not been included in the advertised 5.15% CAP rate. *Current tenant payment includes contractual base rent plus the $342.83 additional monthly payment. INVESTMENT OVERVIEW This offering combines a NNN Lease structure, long-term occupancy, scheduled contractual rent increases, extensive tenant expense and maintenance responsibilities, multiple long-term renewal options, and a Personal Guaranty supporting the tenant's obligations under the Lease. With the current Lease extending through December 2039, the property offers an investor more than a decade of remaining contractual term together with predetermined rental growth. The 10% base rent increases every five years provide scheduled income growth without relying solely upon future market-rent appreciation. Under the NNN Lease structure, the tenant is responsible for real estate taxes, insurance, utilities, operating costs, and extensive property maintenance and repair obligations, including roof and structural maintenance, as provided under the Lease. PROPERTY SALE & CONFIDENTIALITY NOTICE The offering is for the real estate only, including the land, building, improvements, and the seller's interest as landlord under the existing Lease, which will be assigned to the purchaser at closing. The Burger King franchise and restaurant operating business are not included in the sale. Prospective purchasers, brokers, and their representatives are asked not to approach or communicate with restaurant managers, employees, customers, or other restaurant personnel regarding the offering or potential sale, as such communication could unnecessarily disrupt operations or create concern among employees. All inquiries, property access, and requests for additional information should be directed exclusively through the listing brokers. MARKETING DISCLAIMER The foregoing information is provided for marketing and informational purposes only and is subject to independent verification. This marketing material is intended as a summary of certain provisions of the Lease and related documents and is not intended to replace, amend, interpret, or modify those documents. Prospective purchasers should independently review and verify the complete Lease, Personal Guaranty, amendments and related lease documents, rental amounts, additional charges, tenant obligations, renewal options, financial and payment records, title information, property information, and all other due-diligence materials before making an investment decision. In the event of any discrepancy, the applicable executed documents shall control.

8425 W Thunderbird Road, Peoria

$1,200,000

5 Beds ⋅ 4 Baths ⋅ 7101705 MLS ⋅ 4,464 SqFt.

This home sits in a Gated Community on Huge Cul-de-Sac Park like lot with pool spa and large grass play area, detached art studio or workshop with dog run and garden area with RV Gate. Interior has large granite island with stainless appliances looking into big family room with wet bar. Formal living with fireplace and dining room for entertaining! Upstairs Features Game Room Full Length Balcony, Master Bedroom with Separate Shower and tub and Walkin closet. 2 New AC Units in 2020 with 220 Outlets in Garage and Art Studio 4 Fireplaces throughout interior and exterior. This home feels warm and inviting with spacious bedrooms and upgrades. Outdoors enjoy the oversized backyard for family, friends and pets to enjoy! Pride of ownership shows in the well-maintained home.

7910 W Briden Lane, Peoria

$1,799,000

5 Beds ⋅ 4 Baths ⋅ 7101352 MLS ⋅ 4,025 SqFt.

An exceptional custom estate in North Peoria's premier corridor, offering 4,025 SF of refined indoor-outdoor living on a 1-acre blank-canvas lot with NO HOA. Built in 2019, this 5-bed, 3.5-bath home features 14' coffered ceilings, custom iron front doors, a wide pocket door, and a gourmet chef's kitchen with quartz counters and Monogram & GE Café appliances. The primary suite is a private sanctuary offering a spa-inspired bath with dual rain showers, body jets, and a freestanding tub. Designed for ultimate luxury living, the expansive grounds boast an oversized driveway, large RV gate, and a pre-plumbed 70'x50' concrete pad ready for a custom RV garage or guest house. Minutes from Paloma Park, elite hiking trails, and upscale dining.

26327 N 100th Lane, Peoria

$2,350,000

6 Beds ⋅ 5 Baths ⋅ 7100780 MLS ⋅ 4,414 SqFt.

Exceptional Luxury Estate with Basement, Casita and RV Garage! A rare opportunity to own one of the most distinctive luxury properties in Peoria's prestigious Cantilena subdivision! Situated on nearly an acre and bordering the community common area, this exceptional Shea-built estate offers the perfect blend of elegance, comfort, and resort-style living. Featuring 6 bedrooms, 4.5 bathrooms, and over 4,400 square feet of beautifully designed living space with a 750 square foot casita, this remarkable property stands apart as one of the few homes in the community with a fully finished basement. From the moment you arrive, you'll appreciate the expansive homesite, impressive architecture, and thoughtful design throughout. The open-concept main level showcases soaring ceilings, a spacious great room, and a beautifully appointed chef's kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, wall ovens, and a generous walk-in pantry. The luxurious owner's suite offers a private retreat with a spa-inspired bathroom, dual vanities, an oversized walk-in shower, and an expansive walk-in closet. One of this home's most exceptional features is its rare, fully finished basement, offering incredible versatility for entertaining, multigenerational living, or extended guests. Complete with two bedrooms, a full bathroom, wet bar, and built-in entertainment center, this impressive space is ideal for a home theater, game room, or private guest retreat. Step outside into your own resort-style backyard oasis, thoughtfully designed for year-round Arizona living and unforgettable entertaining. Enjoy a heated pool and spa, a full cabana with a cozy fireplace, and a covered outdoor kitchen complete with a built-in BBQ. A private bocce ball court and versatile sport court offer endless opportunities for fun, recreation, and friendly competition. Beautifully landscaped grounds and generous outdoor gathering spaces provide the perfect setting for relaxation, celebrations, and making lasting memories. Adding even more versatility is a detached 750-square-foot casita with its own private entrance, ideal for extended family, visiting guests, or a private home office. Car enthusiasts and outdoor adventurers will appreciate the RV garage plus an expansive four-car main garage. The community's oversized 3/4-acre-plus homesites also allow for additional HOA-permitted outdoor RV and boat parking, an increasingly rare and highly desirable luxury. With desirable north/south exposure, a premium homesite bordering community common area, and an exceptional location just minutes from Lake Pleasant, highly regarded Peoria schools, premier shopping, dining, and endless outdoor recreation, this estate offers an extraordinary Arizona lifestyle.

9335 W Villa Lindo Drive, Peoria

$1,349,000

4 Beds ⋅ 3 Baths ⋅ 7099579 MLS ⋅ 3,318 SqFt.

Discover refined desert living in The Meadows, one of North Peoria's sought-after communities. Built by Toll Brothers, this beautifully appointed single-level residence makes a memorable first impression with an expansive front courtyard, creating an inviting outdoor retreat before you even step inside. Beyond the entry, 3,318 square feet of thoughtfully designed living space features 4 bedrooms and 3 bathrooms. Spacious interiors and an open, flowing layout create the perfect balance of sophistication and everyday comfort. At the heart of the home, a gourmet kitchen showcases granite countertops, a generous center island, and a walk-in pantry, ideal for everything from casual mornings to memorable gatherings. The primary suite offers a peaceful escape, complete with a spa-inspired bath and custom boutique-style closet. Outdoors, a private heated pool and adjoining sunken built-in BBQ area create a resort-inspired retreat on the expansive quarter-acre property, perfect for relaxing!

23190 N 97th Drive, Peoria

$1,025,000

5 Beds ⋅ 4 Baths ⋅ 7099505 MLS ⋅ 5,102 SqFt.

Nestled behind the gates of Vistancia's most exclusive enclave, this spectacular 5,100+ sq. ft. estate commands one of the finest oversized lots in the community. From the charming pergola-covered driveway and private courtyard, step inside to soaring ceilings and a masterfully designed floor plan featuring 5 bedrooms, 2 versatile bonus rooms, and a convenient first-floor guest suite. Kitchen is very inviting and accommodating to family sit downs! 4 car garage and plenty of driveway space. Upstairs, the palatial primary retreat offers a serene escape, All guest rooms are located away from the master bedroom. The private backyard showcases a sparkling pool, built-in BBQ, putting green, and premium faux grass--all framed by elevated, unobstructed views of the natural desert lands

12515 W Red Hawk Drive, Peoria

$1,200,000

3 Beds ⋅ 4 Baths ⋅ 7098139 MLS ⋅ 2,653 SqFt.

Shea Aspect on an $85K premium lot in guard-gated Trilogy at Vistancia, with $225K in builder options and a $115K resort backyard. Optional casita with bedroom, full bath, living room and kitchenette with wine fridge. Great room with 12 ft ceilings, clerestory windows, wood beams, built-in media wall and stacked stone 2-way fireplace. Chef's kitchen: Fantasy Brown waterfall island, Monogram built-in refrigerator, 5-burner gas cooktop, soft-close maple cabinetry, walk-in pantry. Primary suite with crown molding and marble-look walk-in shower. Hand-scraped plank floors, plantation shutters. Glass walls open to travertine patio, ramada, BBQ, waterfall and natural desert views. Zero-step entry, tankless water heater, fully prepaid solar lease. Kiva and Mita Clubs.

29934 N 134th Drive, Peoria

$1,175,000

5 Beds ⋅ 4 Baths ⋅ 7097144 MLS ⋅ 3,736 SqFt.

An extraordinary home, with a backyard built for creating memories, in one of North Peoria's most exciting neighborhoods. This is Arizona living done right. Located in The Meadows, this impressive single-story home on a large corner lot, has everything you'd expect from a newer home in one of North Peoria's most desirable communities, but it's what you discover once you step inside that really sets it apart. Meticulously designed for both everyday living and entertaining, the home welcomes you with spacious, light-filled living areas and a stunning floor to ceiling fireplace. At the heart of it all is a chef-inspired kitchen made for people who love to cook, gather, and entertain. White quartz countertops, an oversized island, double ovens, and a 5-burner gas stove create a kitchen that functions every bit as incredible as it looks. There's also a formal dining room for special occasions and a separate flex room that can become whatever you need. A home office, game room, media room, or something entirely your own. Tucked away for privacy, the spacious primary suite feels like a luxury retreat with two walk-in closets, dual vanities, a soaking tub, and separate shower. But that's not all you'll be telling your friends about. Step outside and you'll understand why. Lush landscaping surrounds a private resort-style backyard with a sparkling pool and spa, a shaded pergola with its own custom fireplace, and an oversized chipping and putting green. It's the kind of backyard made for family pool days, cocktails by the fire, friendly putting competitions, entertaining friends, and those Arizona evenings you just don't want to end. Beyond your front door, the North Peoria lifestyle puts even more within reach. Spend the day boating at Lake Pleasant, explore nearby desert trails, or enjoy the growing selection of shopping, dining, entertainment, and employment opportunities throughout the area. There's even more to this home than we can simply fit into an ad. If you've been waiting for something special in in North Peoria that just feels right, and is a great value, this is one you'll want to experience in person before someone else beats you to it.

9282 W Patrick Lane, Peoria

$4,000,000

5 Beds ⋅ 6 Baths ⋅ 7096219 MLS ⋅ 5,337 SqFt.

1.19-ACRE LUXURY ESTATE + RV GARAGE + GUEST HOUSE + RESORT BACKYARD! Set in the heart of North Peoria, this custom 2017 solar-powered estate offers unmatched craftsmanship, high-end designer finishes, and incredible flexibility. Upgraded flooring flows seamlessly throughout the main living spaces of the 5,337 sq ft main residence, elegantly accented by Kohler Artifacts French Gold plumbing fixtures. The updated chef's kitchen stands out as an entertainer's showpiece, featuring truly one-of-a-kind quartzite countertops, a 48'' Wolf gas cooktop, Wolf double ovens, and a 72'' Designer Series integrated Sub-Zero refrigerator/freezer. Everyday lifestyle needs are met with a private office (with closet) and a dedicated home gym. The lavish primary suite is a true wellness retreat,.... featuring an updated spa-inspired bathroom complete with a custom steam shower. Step out back to a dramatic outdoor living space designed for grand entertaining, featuring a raised pool and spa with built-in seating, two gas fire-pits, a built-in BBQ island, and a massive ramada with bar seating. Just across the pool patio sits a 1,140 sq ft detached guest house complete with its own game room and bar. Bring all your vehicles and toys: the property features an expansive 2,100 sq ft RV garage, an attached 4-car garage, and additional gated parking on over an acre of usable land. An exceptional balance of bespoke luxury, functionality, and privacy!

9432 W Saddlehorn Road, Peoria

$1,800,000

5 Beds ⋅ 4 Baths ⋅ 7095860 MLS ⋅ 3,808 SqFt.

Experience elevated living in this exquisite residence with a sparkling POOL & SPA and basketball court on over an acre in the gated Estates at Happy Valley Community! Featuring 5 beds, 3 baths + powder room, an impressive stone-accent facade, expansive paver driveway, 4-car garage w/ EV charging, oversized RV gate & parking, pedestrian gates and an inviting paver front courtyard. Inside, you'll find an excellent open floor plan w/abundant natural light, recessed lights, plantation shutters, wood-look & tile floors t/out, and a spacious living area w/built-in entertainment center with surround sound throughout the home. The formal dining area is highlighted by a stacked-stone accent wall. The gourmet kitchen boasts espresso cabinets w/crown molding, granite counters, tile . . . backsplash, SS appliances, double wall ovens, a walk-in pantry, and a large island w/breakfast bar. A separate family room and dedicated den provide versatile spaces for entertainment or a home office (complete with custom build-in shelves/bookcases). The sizable primary suite offers direct backyard access and includes a spa-like private bath (remodeled in 2026) w/dual sinks, a soaking tub, glass-enclosed tile shower w/bench & niche, and a walk-in closet. Your magnificent backyard oasis is complete with an expansive covered patio, extensive pavers, an outdoor kitchen w/built-in custom BBQ & smoker & bar seating, a poolside pavilion, raised spa, and a sparkling Shasta custom pool w/ elevated pagoda seating, multiple cascading water features & diving board. A private full sized basketball court (with regulation hoops), fenced dog run with fruit trees for shade, and an expansive open yard provide additional space for recreation, creating the ultimate resort-style retreat for year-round entertaining! Don't miss this exceptional opportunity!

7293 W Fallen Leaf Lane, Peoria

$3,900,000

4 Beds ⋅ 5 Baths ⋅ 7095616 MLS ⋅ 5,938 SqFt.

Welcome to 8095 W Expedition Way-An intimate gated luxury community of single level homes in Casa De Sunrise. This exceptional cul-de-sac estate blends refined modern luxury with inviting warmth throughout. Impressive curb appeal, a circular driveway, four-car garage, and striking double wrought-iron entry doors compliment the grassy rolling landscape which create a grand first impression. The interior offers clean lines throughout while coveting the timeless appointments such as Cantera stone slab fireplace which anchors the formal living room, the gathering space and heart of the home. There are no limitations as the residence delivers split floor plan, flexible spaces which offers privacy and versatility. The primary wing features a luxurious retreat with a jetted soaking tub, walk-in closet with abundant drawers and hanging space, plus a conveniently integrated NEW stacked washer and dryer. The office and bonus room provide all-inclusive space to work, work out, relaxing, or great a wellness retreat. The chef's kitchen is exceptionally appointed with professional Viking appliances, a Sub-Zero refrigerator, commercial gas range beneath a limestone hood surround, built-in microwave, oven, warming drawer, and two dishwashers. Whitewashed custom cabinetry, pull-outs, thoughtful and beautifully designed culinary space. Additional accommodations include a media or teen room, an ensuite bedroom with private courtyard access, and two bedrooms connected by a Jack-and-Jill bathroom. The homesite is nearly an acre, feels spacious, private, and resort-inspired backyard. There is space for RV set up, dual gate, mature, lush landscaping. The covered patio extends the entire length of the back of the home. The heated pool and spa, swim-up bar updated 2024 with dedicated barbecue and entertaining area. Truly the ultimate luxury setting, from relaxed afternoons to unforgettable evenings with family and friends. A rare opportunity to enjoy exceptional space, privacy, and resort-style amenities in one remarkable home.

8095 W Expedition Way, Peoria

$1,090,900

5 Beds ⋅ 4 Baths ⋅ 7095359 MLS ⋅ 3,108 SqFt.

A rare opportunity to live in one of the few housing developments that offer IRRIGATED YARDS and NO HOA. This amazing property offers a 4 bedroom, 3 bath main house and detached 920 sq ft fully functionable guest quarters. Main house offers a very spacious primary bedroom with 2-way fireplace shared with living room, double vanity bathroom with large walk-in shower. The remaining 3 bedrooms, 1 split, are also VERY spacious. Enjoy your entertainer style kitchen, with a large island, double ovens, granite counters and custom cabinets with generous amount of storage. A very large walk-in panty and laundry room. Home has a very spacious living room with a beautiful stoned fireplace and custom mantel. Travertine Tile throughout, no carpet. The outdoor front and back offer a generous amount of entertaining areas. From the large warm welcoming front entry way to very generous amount of covered entertaining areas in the backyard. Enjoy a relaxing play pool that comes with a child safety netting. There is plenty of concrete offered for use of parking a boat or RV behind RV gate The guest home was originally used as an RV garage but had been turned into a guest quarters by previous owner. The RV door still remains if buyer were to choose to return the guest home back to and RV garage. Home was rebuilt from ground up in 2016 due to house fire.

8621 W Via Montoya Drive, Peoria

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