Pork on a Fork
Single-tenant flex industrial property at 1515 W Deer Valley Road, Phoenix, leased to Pork on a Fork (Competition BBQ) at $1,025,000, yielding a 7.3% cap rate ($74,340 NOI pro forma). The tenant is transitioning from month-to-month to a new 5-year NNN lease at $6,195 per month with 3% annual increases and a 5-year renewal option at cost of expenses. Pork on a Fork has operated continuously at this location since 2010, building a loyal customer base through catering, sauce, and rub sales.
The 2,640 SF building, built in 2004, features 16 feet of clear height, mezzanine storage, a roll-up door, and loading dock access. Situated in A-1 Light Industrial zoning on a 2,640 SF unit, the property benefits from immediate proximity to I-17 and Loop 101. The Deer Valley submarket is exceptionally strong, characterized by robust leasing activity, low vacancy, and strategic freeway access. The area is anchored by the growing semiconductor ecosystem and serves as one of Phoenix's most resilient industrial submarkets.
- Mission-critical tenant operating since 2010 with established local following
- 5-year NNN lease with 3% annual increases and 5-year renewal option
- 7.3% pro forma cap rate on $74,340 NOI
- 16-foot clear height, mezzanine storage, and roll-up door
- Strong Deer Valley submarket with low vacancy and freeway access
More property details
Features & amenities
Location
The Deer Valley industrial market in Phoenix is exceptionally strong, driven by robust leasing and investment activity, low vacancy, strategic access to major freeway infrastructure and proximity to major demand drivers like the growing semiconductor ecosystem, making it one of the most in-demand and resilient industrial submarkets in the metro.
- Proximity to I-17 and Loop 101; A-1 Light Industrial Zoning
Additional details
Phoenix's best barbecue since 2010: smoked to competition standard and handed to you naked so you can write the ending. Built by Nebraska hog-farm grit, farmers-market hustle, and a pit crew that moves fast without losing the soul.
Loyal customer base in Deer Valley, catering for special events and parties, sauce and rub sales
Deer Valley industrial market exceptionally strong with robust leasing activity, low vacancy, strategic freeway access, and proximity to growing semiconductor ecosystem