Restaurant
Established NNN Outparcel in Dense Tucson Retail Corridor
5524 E Grant Rd, Tucson, AZ 85712
Listing Price: $1,647,000
Cap Rate
5.10%
Tenant Name
Riliberto's
Years Remaining On Lease
8.2
Guarantor
Personal Guarantee
Rentable SF
2,277
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.89
Investment Overview
Subject is a Riliberto’s with a Total of 2,277 Square Feet of Leasable Space. A Ten-Year Absolute NNN Lease Commenced in 2020 with no Landlord Responsibilities and it Includes 2 X 5 Year Extensions.
Established NNN Outparcel in Dense Tucson Retail Corridor
Investment Highlights
- The Property is Ideally Positioned Near the Corner of Grant Road and Crayrcoft Road, the Intersection Sees More than 110,000 Cars Per Day
- Subject Sits 9 Miles Northeast of Tucson International Airport, Which is the Second Busiest Airport in Arizona, and Sees Over 2.2 million Flyers a Year
- Major Nearby Attractions Include Tucson Botanical Gardens (2 mi.), Morris K Udall Park and Rec Center (2 mi), Tucson Country Club (1.5 mi.), and Dorado Golf Course (1.3 mi)
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Restaurant
Established NNN Outparcel in Dense Tucson Retail Corridor
Listing Price: $1,647,000
Cap Rate
5.10%
Tenant Name
Riliberto's
Years Remaining On Lease
8.2
Guarantor
Personal Guarantee
Rentable SF
2,277
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.89
Investment Highlights
- The Property is Ideally Positioned Near the Corner of Grant Road and Crayrcoft Road, the Intersection Sees More than 110,000 Cars Per Day
- Subject Sits 9 Miles Northeast of Tucson International Airport, Which is the Second Busiest Airport in Arizona, and Sees Over 2.2 million Flyers a Year
- Major Nearby Attractions Include Tucson Botanical Gardens (2 mi.), Morris K Udall Park and Rec Center (2 mi), Tucson Country Club (1.5 mi.), and Dorado Golf Course (1.3 mi)
Investment Overview
Subject is a Riliberto’s with a Total of 2,277 Square Feet of Leasable Space. A Ten-Year Absolute NNN Lease Commenced in 2020 with no Landlord Responsibilities and it Includes 2 X 5 Year Extensions.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
