P.F Chang's- Mesa, AZ

Absolute NNN Lease Structure: There are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.
Established Tenant Operating History: P.F. Chang’s has operated at this Mesa location for over two decades, evidencing long-term tenant viability. The tenant has demonstrated its commitment to the site by exercising two of its 5-year renewal options, reflecting a stable occupancy outlook. This operating history supports the location’s continued relevance within the brand’s portfolio and underpins future lease performance.
Corporate Lease from National Operator: The lease benefits from a corporate lease with P.F. P.F. Chang’s China Bistro, Inc, a leading national full-service Asian restaurant chain with more than 300 locations across the United States. The tenant’s established brand recognition and nationwide footprint provide additional credit strength and income security, minimizing investor risk through the backing of a well-capitalized and experienced operator.
Strong Surrounding Demographics: The property is situated within a densely populated and economically growing trade area. Over 315,000 residents reside within a ±5-mile radius, supported by above-average household incomes, which exceed national averages. This strong demographic base fuels consistent consumer demand, contributing to the long-term viability of the tenant and supporting retail fundamentals in the immediate area.
Prime, High-Traffic Location with Regional Draw: Positioned with direct frontage on Superstition Springs Blvd and immediate access to U.S. 60 (Superstition Freeway), the property benefits from excellent visibility and exposure to over ±132,000 vehicles per day. Its proximity to the ±1.1 million-square-foot Superstition Springs Center, a dominant regional mall, and adjacency to numerous national retailers, hotels, and entertainment venues, ensures sustained foot traffic and enhances the asset’s long-term positioning within a dynamic commercial corridor.

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Broker of Record

David Harrington