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Restaurant

eegee's | High Traffic Exposure from US-60 with 104,000 VPD | Avg HHI of $95,000 within 1-mi Radius

1460 S Crismon Rd, Mesa, AZ 85209

Listing Price: $3,270,000

Cap Rate
4.25%
Tenant Name
eegee's
Years Remaining On Lease
13.4
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 1460 South Crismon Road, Mesa, AZ 85209. 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
  • Great Access and Visibility from Crismon Road
  • High Traffic Exposure from US-60 with Nearly 105,000 Vehicles per Day
  • Part of the Hampton Square Master Planned Community - 147,000 SF of Medical & Retail

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s) AZ: SA659077000

    Arizona

Restaurant

eegee's | High Traffic Exposure from US-60 with 104,000 VPD | Avg HHI of $95,000 within 1-mi Radius

Listing Price: $3,270,000

Cap Rate
4.25%
Tenant Name
eegee's
Years Remaining On Lease
13.4
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
  • Great Access and Visibility from Crismon Road
  • High Traffic Exposure from US-60 with Nearly 105,000 Vehicles per Day
  • Part of the Hampton Square Master Planned Community - 147,000 SF of Medical & Retail

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, an eegee's property located at 1460 South Crismon Road, Mesa, AZ 85209. 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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