Home › NNN Properties For Sale › Arizona › Maricopa County
87 NNN properties are observed for sale in Maricopa County, Arizona across 58 tenants and 17 towns as of November 9, 2026, at a median asking cap rate of 5.75%, 25 basis points below the Arizona median of 6.00%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Maricopa County prices against Arizona and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Maricopa County run from 4.00% to 7.63%, with the middle half of listings between 5.20% and 6.50%. Median asking price $3.34M (median $731 per SF). Average remaining lease term 7.6 years among 29 listings that state a term. 9 listings report a 2026 build year. 41 listings were first observed and 34 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Maricopa County vs Arizona and the National NNN Market
| Measure | Maricopa County | Arizona | United States |
|---|---|---|---|
| Observed listings | 87 | 158 | 7,398 |
| Median asking cap rate | 5.75% | 6.00% | 6.35% |
| Middle half of asking cap rates | 5.20% to 6.50% | 5.25% to 6.50% | 5.70% to 7.15% |
| Median asking price | $3.34M | $3.15M | $2.77M |
| Average remaining lease term (listings stating a term) | 7.6 yrs | 9.2 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 22% | 20% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in Maricopa County: Latest Listings
Up to twenty-four single-tenant net lease properties in Maricopa County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Maricopa County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| Aaron's | Peoria | $1,870,000 | 7.00% | $130,900 | n/a | 2015 | Not stated | Get full property data |
| Cycle Gear | Phoenix | $2,479,290 | 6.00% | $148,757 | n/a | n/a | Not stated | Get full property data |
| Avis | Tempe | $7,546,000 | 4.75% | $358,440 | n/a | n/a | Not stated | Get full property data |
| Dutch Bros | Mesa | $3,050,000 | 5.25% | $160,000 | n/a | 2026 | Not stated | Get full property data |
| Circle K | Tolleson | $2,449,000 | 4.65% | $113,881 | n/a | 1989 | Not stated | Get full property data |
| Goodyear | Phoenix | $5,760,000 | 5.50% | $316,800 | n/a | 1970 | Not stated | Get full property data |
| Chipotle | Surprise | $3,903,158 | 4.75% | $185,400 | n/a | 2024 | Not stated | Get full property data |
| Shell and Jiffy Lube | Peoria | $5,590,000 | 6.00% | $335,400 | n/a | 1999 | Not stated | Get full property data |
| Taco Bell | Buckeye | $2,941,176 | 4.25% | $125,000 | n/a | 2026 | Not stated | Get full property data |
| Jack in the Box | Mesa | $2,275,000 | 5.48% | $124,692 | n/a | 1976 | Not stated | Get full property data |
| Dogtopia | Tempe | $7,560,000 | 7.00% | $529,440 | n/a | 1981 | Not stated | Get full property data |
| Black Rock Coffee Bar | Mesa | $2,454,545 | 5.50% | $135,000 | n/a | 2025 | Not stated | Get full property data |
| Golden Corral | Glendale | $5,195,000 | 6.50% | $337,616 | n/a | 2005 | Not stated | Get full property data |
| Bruster's Real ICE Cream | Chandler | $2,560,000 | 6.25% | $160,000 | n/a | 2021 | Not stated | Get full property data |
| Cracker Barrel | Phoenix | $4,399,356 | 5.75% | $252,963 | n/a | 1997 | Not stated | Get full property data |
| Habit Burger Grill | Laveen | $3,337,000 | 5.00% | $166,870 | n/a | 2023 | Not stated | Get full property data |
| Elite Benz | Scottsdale | $3,050,000 | 5.35% | $163,196 | n/a | 2007 | Not stated | Get full property data |
| Firestone | Mesa | $4,261,000 | 5.75% | $245,000 | n/a | 2011 | Not stated | Get full property data |
| Icons Sports Grill | Gilbert | $1,620,000 | 6.00% | $97,152 | n/a | 2004 | Not stated | Get full property data |
| Red Robin | Peoria | $4,454,000 | 6.00% | $267,262 | n/a | 2002 | Not stated | Get full property data |
| Walgreens | Glendale | $3,704,133 | 7.10% | $262,994 | n/a | 1997 | Not stated | Get full property data |
| Centria | Peoria | $6,833,333 | 6.00% | $410,000 | n/a | 2002 | Not stated | Get full property data |
| The Learning Experience | Phoenix | $4,565,000 | 6.50% | $296,917 | n/a | 2021 | Not stated | Get full property data |
| Angie's Prime Grill | Phoenix | $2,677,165 | 6.35% | $170,000 | n/a | 2022 | Not stated | Get full property data |
Showing 24 of 87 observed Maricopa County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Maricopa County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| Walgreens | 6 | 6.91% | 6.50% to 7.63% | $3.87M | Walgreens NNN for sale |
| Circle K | 5 | 4.63% | 4.00% to 5.19% | $2.45M | Circle K NNN for sale |
| Chipotle | 4 | 4.75% | 4.50% to 4.75% | $4.12M | Chipotle NNN for sale |
| Shell and Jiffy Lube | 4 | 6.07% | 5.50% to 6.36% | $2.34M | Shell and Jiffy Lube NNN for sale |
| Starbucks | 3 | 5.43% | 5.20% to 5.45% | $3.28M | Starbucks NNN for sale |
| Take 5 Oil Change | 3 | 5.25% | 5.10% to 6.00% | $1.96M | |
| Black Rock Coffee Bar | 2 | 5.50% | 5.50% | $2.36M | |
| Community Medical Services | 2 | 7.13% | 7.00% to 7.25% | $1.47M | |
| CVS | 2 | 6.35% | 6.00% to 6.69% | $5.06M | CVS NNN for sale |
| Dutch Bros | 2 | 5.25% | 5.25% | $2.95M | Dutch Bros NNN for sale |
| Firestone | 2 | 5.75% | 5.75% | $3.52M | Firestone NNN for sale |
| Jack in the Box | 2 | 5.25% | 5.01% to 5.48% | $2.64M | |
| KinderCare | 2 | 6.25% | 6.00% to 6.50% | $6.85M | |
| Raising Cane's | 2 | 4.72% | 4.50% to 4.94% | $6.01M | |
| Sherwin-Williams | 2 | 5.25% | 5.00% to 5.50% | $3.03M | Sherwin-Williams NNN for sale |
| The Learning Experience | 2 | 6.85% | 6.50% to 7.20% | $5.58M | |
| Aaron's | 1 | n/a | 7.00% | $1.87M | |
| American Vision Partners | 1 | n/a | n/a | $3.95M | |
| Amped Fitness | 1 | n/a | 7.25% | $11.90M | |
| Angie's Prime Grill | 1 | n/a | 6.35% | $2.68M | |
| Arizona Pain Surgery Center | 1 | n/a | 6.50% | $6.39M | |
| Avis | 1 | n/a | 4.75% | $7.55M | |
| Big O Tires | 1 | n/a | 5.75% | $5.84M | Big O Tires NNN for sale |
| Biscuits Cafe | 1 | n/a | 6.25% | $3.65M | |
| Bojangles | 1 | n/a | 6.75% | $7.37M |
Tenants with the most Maricopa County listings observed (top 25 of 58).
Tenant Credit in Maricopa County
19 of 87 observed Maricopa County listings (22%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 20% across Arizona and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
Maricopa County NNN Properties by Town
The towns with the most observed Maricopa County listings are Phoenix (21), Mesa (18) and Peoria (8). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Phoenix | 21 | 6.00% | $3.40M |
| Mesa | 18 | 5.47% | $4.01M |
| Peoria | 8 | 6.38% | $4.34M |
| Surprise | 7 | 5.25% | $5.16M |
| Chandler | 6 | 6.38% | $4.83M |
| Scottsdale | 5 | 5.43% | $3.78M |
| Gilbert | 4 | 6.34% | $4.15M |
| Glendale | 4 | 6.25% | $3.19M |
| Buckeye | 3 | 4.50% | $3.40M |
| Tempe | 3 | 5.19% | $5.54M |
| Tolleson | 2 | 4.95% | $2.65M |
| Anthem | 1 | n/a | $4.50M |
| Apache Junction | 1 | n/a | $1.98M |
| Cave Creek | 1 | n/a | $5.84M |
| Goodyear | 1 | n/a | $4.33M |
| Laveen | 1 | n/a | $3.34M |
| Queen Creek | 1 | n/a | $2.48M |
Towns as named in each listing (all 17).
Maricopa County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 4,689,558 (+5.5% since 2020) | 2025 | FRED AZMARI3POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 4.1% | September 2026 | FRED AZMARI3URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $72,176 | 2024 | FRED PCPI04013, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering Maricopa County
- NNN properties for sale in Pima County, Arizona (30 listings)
- NNN properties for sale in Pinal County, Arizona (10 listings)
- NNN properties for sale in Yuma County, Arizona (9 listings)
- NNN properties for sale in Yavapai County, Arizona (5 listings)
Counties that share a land border with Maricopa County, by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Maricopa County, Arizona across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Arizona page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Arizona and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in Maricopa County
How many NNN properties are for sale in Maricopa County, Arizona?
As of November 9, 2026, 87 single-tenant net lease properties are observed for sale in Maricopa County across 58 tenants and 17 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are Maricopa County NNN properties asking?
The median asking cap rate is 5.75%, with the middle half of listings between 5.20% and 6.50%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does Maricopa County compare with the rest of Arizona?
The Maricopa County median asking cap rate of 5.75% sits 25 basis points below the Arizona median of 6.00%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most Maricopa County NNN listings?
The tenants with the most observed listings are Walgreens (6), Circle K (5), Chipotle (4) and Shell and Jiffy Lube (4).
Which towns in Maricopa County have the most NNN listings?
The towns with the most observed listings are Phoenix (21), Mesa (18) and Peoria (8). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in Arizona, with Arizona transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
