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Restaurant

eegee's | Across from Mercy Gilbert Medical Center | Avg HHI over $112,000 within a 1-mi radius

3640 S Val Vista Dr, Gilbert, AZ 85297

Listing Price: $3,270,000

Cap Rate
4.25%
Tenant Name
eegee's
Years Remaining On Lease
13.8
Gross SF
2,200
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Price/Gross SF
$1,486.36
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$63.18

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, an eegee's property located at 3640 South Val Vista Drive Gilbert, AZ 85297. Eegee's is a restaurant chain based in Tucson, Arizona that serves mainly sandwiches and frozen drinks called "eegee's". They are known for their signature eegee's drink, which is a frozen fruit drink similar to a slushie. They also serve a variety of sandwiches, salads, and sides. Eegee's is a casual dining establishment, and their menu is focused on providing customers with affordable, high-quality food. Eegee's is popular in Arizona and has been in business for over 40 years.

Investment Highlights

  • Nearly 14 years Remaining In Initial Term
  • Attractive 10% Increases Every 5 Years in Initial Term and Options
  • Absolute NNN, Reverse Build-to-Suit - Zero LL Responsibilities
  • Corporate Guarantee from Eegee's with over 33 locations in Arizona
  • Brand New 2021 Construction, Freestanding Building with Drive-Thru
  • Excellent Visibility & Street Frontage to over 43,000 Vehicles per Day at the Intersection
  • Diagonally Across from Mercy Gilbert Medical Center, a Full-Service, 212-bed, Acute Care, Not-for-Profit Hospital
  • Adjacent to Campo Verde High School with Over 2,000 Students

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s) AZ: SA659077000

    Arizona

Restaurant

eegee's | Across from Mercy Gilbert Medical Center | Avg HHI over $112,000 within a 1-mi radius

Listing Price: $3,270,000

Cap Rate
4.25%
Tenant Name
eegee's
Years Remaining On Lease
13.8
Gross SF
2,200
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Price/Gross SF
$1,486.36
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$63.18

Investment Highlights

  • Nearly 14 years Remaining In Initial Term
  • Attractive 10% Increases Every 5 Years in Initial Term and Options
  • Absolute NNN, Reverse Build-to-Suit - Zero LL Responsibilities
  • Corporate Guarantee from Eegee's with over 33 locations in Arizona
  • Brand New 2021 Construction, Freestanding Building with Drive-Thru
  • Excellent Visibility & Street Frontage to over 43,000 Vehicles per Day at the Intersection
  • Diagonally Across from Mercy Gilbert Medical Center, a Full-Service, 212-bed, Acute Care, Not-for-Profit Hospital
  • Adjacent to Campo Verde High School with Over 2,000 Students

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, an eegee's property located at 3640 South Val Vista Drive Gilbert, AZ 85297. Eegee's is a restaurant chain based in Tucson, Arizona that serves mainly sandwiches and frozen drinks called "eegee's". They are known for their signature eegee's drink, which is a frozen fruit drink similar to a slushie. They also serve a variety of sandwiches, salads, and sides. Eegee's is a casual dining establishment, and their menu is focused on providing customers with affordable, high-quality food. Eegee's is popular in Arizona and has been in business for over 40 years.

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s): AZ: SA659077000

    Arizona

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