67th & Montebello Ave
Glendale, AZ 85303
SWC 67th Ave and Montebello Ave · Land For Sale · 1.39 ac

The subject property is a newly developed Fry's Fuel Station located at the SWC of 67th Ave and Montebello Ave. in Glendale, Arizona. The offering is a fee simple 15 year ground lease with investment grade corporate tenant. The investment offers a hassle free (no management) property in one of the fastest rising cities based on home value increases, unemployment rate changes, and new business openings, making Glendale a robust economic climate. The real estate has 500 feet of frontage on 67th Street and experiences 30,000 cars per day through the intersection. Fry's Grocer is less than 1/4 of a mile north on 67th making it a convenient gas stop for Fry's grocery customers. Fry's Food Stores has been dominating the grocery market in the Phoenix metro area. In 2023, Fry's achieved nearly $5.6 billion in sales, capturing a 28.32% market share This makes Fry's the top grocery retailer in the region, significantly ahead of its closest competitor, Walmart, which holds a 17.83% market share. Fry's continues to expand its presence, with 93 locations in Maricopa and Pinal counties. The chain's strong performance is attributed to its wide range of products and competitive pricing, which resonate well with local consumers CLUB: Savings on Fuel: Customers can earn Fuel Points by shopping at Fry's stores. For every dollar spent on groceries, customers earn 1 Fuel Point. These points can be redeemed for discounts at Fry's fuel centers, with savings of up to $1 off per gallon. Convenience: With numerous locations across Arizona, Fry's fuel centers are easily accessible. This makes it convenient for customers to fill up their tanks while running other errands. Additional Earning Opportunities: Besides groceries, customers can earn extra Fuel Points on prescriptions and gift card purchases. Fry's often runs promotions that allow customers to earn double or even triple points. Integration with Other Kroger Family Stores: Fuel Points earned at Fry's can also be redeemed at other Kroger Family of Stores fuel centers and participating Shell locations, providing flexibility and more options for savings. Overall, Fry's fuel centers provide a combination of savings, convenience, and flexibility, making them a valuable resource for consumers.