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Restaurant

Salad and Go Ground Lease

1960 S Country Club Drive, Mesa, AZ 85210

Listing Price: $2,336,000

Cap Rate
5.35%
Tenant Name
And Go Concepts, LLC
Years Remaining On Lease
19.9
Gross SF
750
Guarantor
Corporate Guarantee
Rentable SF
750
Price/Gross SF
$3,114.67
Lease Type
NNN Ground Lease
Rent Per Square Feet
$166.67

Investment Overview

Marcus & Millichap is pleased to present for sale Salad and Go in Mesa, Arizona. After spending years in the fast food industry, the creators of Salad and Go set out on a mission – make drive-thru fast food better and healthier. Demographic and social trends are increasingly supporting healthier, better, fast food concepts at the expense of more traditional concepts. The chain currently has 121 locations open and in development throughout Arizona,
Texas, Oklahoma, and Nevada.

Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Investment Highlights

  • Corporate Guaranteed Brand New 20 Year Ground Lease with Salad and Go
  • Excellent Visibility at Signalized Intersection of Baseline Rd and Country Club Dr (Combined Over 112,400 Cars per Day)
  • 438,406 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
  • Rental Increases Every Five Years and Multiple Renewal Options on Both Leases
  • Two-and-a-Half Miles from Mesa Community College (Over 16,500 Students) and Three Miles from Banner Desert Medical Center
  • Surrounded by National Tenants: Costco, Walmart, Home Depot, Fry's, WinCo, and Many More
  • Strong Daytime Population of Over 446,850 Employees within Five Miles
  • Immediate Access to the Superstition Freeway (US-60) (Over 278,000 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

Salad and Go Ground Lease

Listing Price: $2,336,000

Cap Rate
5.35%
Tenant Name
And Go Concepts, LLC
Years Remaining On Lease
19.9
Gross SF
750
Guarantor
Corporate Guarantee
Rentable SF
750
Price/Gross SF
$3,114.67
Lease Type
NNN Ground Lease
Rent Per Square Feet
$166.67

Investment Highlights

  • Corporate Guaranteed Brand New 20 Year Ground Lease with Salad and Go
  • Excellent Visibility at Signalized Intersection of Baseline Rd and Country Club Dr (Combined Over 112,400 Cars per Day)
  • 438,406 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
  • Rental Increases Every Five Years and Multiple Renewal Options on Both Leases
  • Two-and-a-Half Miles from Mesa Community College (Over 16,500 Students) and Three Miles from Banner Desert Medical Center
  • Surrounded by National Tenants: Costco, Walmart, Home Depot, Fry's, WinCo, and Many More
  • Strong Daytime Population of Over 446,850 Employees within Five Miles
  • Immediate Access to the Superstition Freeway (US-60) (Over 278,000 Cars per Day)

Investment Overview

Marcus & Millichap is pleased to present for sale Salad and Go in Mesa, Arizona. After spending years in the fast food industry, the creators of Salad and Go set out on a mission – make drive-thru fast food better and healthier. Demographic and social trends are increasingly supporting healthier, better, fast food concepts at the expense of more traditional concepts. The chain currently has 121 locations open and in development throughout Arizona, Texas, Oklahoma, and Nevada. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

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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