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Restaurant

Filiberto's Mexican Food - 120+ Unit Operator

208 N Grand Ave, Nogales, AZ 85621

Listing Price: $1,745,500

Cap Rate
5.50%
Tenant Name
Filiberto's
Years Remaining On Lease
14.8
Gross SF
2,154
Guarantor
Personal Guarantee
Rentable SF
2,154
Price/Gross SF
$810.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.57

Investment Overview

Filiberto’s, a popular 24-hour Mexican takeout restaurant, was first introduced to Arizona in 1993, when a store opened at Stapley Drive and Main Street in Mesa. Along with Arizona, Filiberto’s has locations in California and New Mexico. Nogales is a city in and the county seat of Arizona's Santa Cruz County. Home to over 20,000 residents and forms part of the larger Tucson-Nogales combined statistical area.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with 2.5 Percent Annual Rental Increases
  • Personal Guaranty from Original Filiberto's Co-Founder
  • New 2022 Remodel Featuring New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • Located Two Miles from the U.S./Mexico Border - Approximately Three Million Pedestrians and Three Million Vehicles Cross Annually
  • 21,650 Residents Within a Five-Mile Radius
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More
  • Adjacent to Nogales' Historic Downtown Shopping District
  • Excellent Visibility Along North Grand Avenue (12,400 Cars per Day)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Filiberto's Mexican Food - 120+ Unit Operator

Listing Price: $1,745,500

Cap Rate
5.50%
Tenant Name
Filiberto's
Years Remaining On Lease
14.8
Gross SF
2,154
Guarantor
Personal Guarantee
Rentable SF
2,154
Price/Gross SF
$810.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.57

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with 2.5 Percent Annual Rental Increases
  • Personal Guaranty from Original Filiberto's Co-Founder
  • New 2022 Remodel Featuring New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • Located Two Miles from the U.S./Mexico Border - Approximately Three Million Pedestrians and Three Million Vehicles Cross Annually
  • 21,650 Residents Within a Five-Mile Radius
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More
  • Adjacent to Nogales' Historic Downtown Shopping District
  • Excellent Visibility Along North Grand Avenue (12,400 Cars per Day)

Investment Overview

Filiberto’s, a popular 24-hour Mexican takeout restaurant, was first introduced to Arizona in 1993, when a store opened at Stapley Drive and Main Street in Mesa. Along with Arizona, Filiberto’s has locations in California and New Mexico. Nogales is a city in and the county seat of Arizona's Santa Cruz County. Home to over 20,000 residents and forms part of the larger Tucson-Nogales combined statistical area.

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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