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Restaurant

eegee's - 20 Yr Abs. NNN Lease

1991 E Ajo Way, Tucson, AZ 85713

Listing Price: $1,778,000

Cap Rate
4.50%
Tenant Name
eegee's, LLC
Years Remaining On Lease
20.3
Gross SF
2,300
Guarantor
Corporate Guarantee
Rentable SF
2,300
Price/Gross SF
$773.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.78

Investment Overview

Based in Tucson, Arizona, eegee's is a growing restaurant brand with 31 locations and counting throughout Arizona. What began as a food truck serving frozen lemonade in Tucson in 1971 has evolved into one of the best fast food companies in the state. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 10 Percent Rental Increases Every Five Years
  • Corporate Guaranty - Founded 50+ Years Ago, eegee's is a Tucson-Based, Growing Restaurant Brand with Industry-Leading Average Unit Volumes
  • 31+ Locations in the Arizona Market with More Planned to Open in 2022
  • New 2022 Build with a Modern Prototype Design
  • Adjacent to Tucson Marketplace, an 850K SF Regional Super Center - Walmart, Planet Fitness, Costco, Dave & Buster's, Cinemark Theaters, and More
  • 261,363 Residents within a Five-Mile Radius - Dense Tucson Infill
  • Across from The Bridges Master-Planned Community - Home to UA Tech Park (Geico Regional Headquarters), Retail, Residential, and Offices

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

eegee's - 20 Yr Abs. NNN Lease

Listing Price: $1,778,000

Cap Rate
4.50%
Tenant Name
eegee's, LLC
Years Remaining On Lease
20.3
Gross SF
2,300
Guarantor
Corporate Guarantee
Rentable SF
2,300
Price/Gross SF
$773.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.78

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 10 Percent Rental Increases Every Five Years
  • Corporate Guaranty - Founded 50+ Years Ago, eegee's is a Tucson-Based, Growing Restaurant Brand with Industry-Leading Average Unit Volumes
  • 31+ Locations in the Arizona Market with More Planned to Open in 2022
  • New 2022 Build with a Modern Prototype Design
  • Adjacent to Tucson Marketplace, an 850K SF Regional Super Center - Walmart, Planet Fitness, Costco, Dave & Buster's, Cinemark Theaters, and More
  • 261,363 Residents within a Five-Mile Radius - Dense Tucson Infill
  • Across from The Bridges Master-Planned Community - Home to UA Tech Park (Geico Regional Headquarters), Retail, Residential, and Offices

Investment Overview

Based in Tucson, Arizona, eegee's is a growing restaurant brand with 31 locations and counting throughout Arizona. What began as a food truck serving frozen lemonade in Tucson in 1971 has evolved into one of the best fast food companies in the state. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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