Restaurant
Jimmy John's Drive-Thru 20 YR Ground Lease
15237 N 87th St, Scottsdale, AZ 85260
Listing Price: $2,842,000
Investment Overview
Specializing in fast sandwich delivery, Jimmy John's has expanded to more than 2,800 locations over 30 years, with 98% franchise-owned. Jimmy John's has averaged approximately over 200 location openings per year over the past three years.
Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona's ten largest cities. Scottsdale continues to be recognized nationwide as one of the top markets for business performance, job growth, livability, and friendly culture.
Jimmy John's Drive-Thru 20 YR Ground Lease
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease
- Scottsdale - High Barrier to Entry Market
- 10 Percent Rental Increases Every Five Years with Four, Five Year Renewals
- New High-Quality 2024 Construction
- 50+ Unit Jimmy John's Franchisee
- Excellent Location in North Scottsdale Retail Corridor, Adjacent to Walmart
Listing Price: $2,842,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease
- Scottsdale - High Barrier to Entry Market
- 10 Percent Rental Increases Every Five Years with Four, Five Year Renewals
- New High-Quality 2024 Construction
- 50+ Unit Jimmy John's Franchisee
- Excellent Location in North Scottsdale Retail Corridor, Adjacent to Walmart
Investment Overview
Specializing in fast sandwich delivery, Jimmy John's has expanded to more than 2,800 locations over 30 years, with 98% franchise-owned. Jimmy John's has averaged approximately over 200 location openings per year over the past three years. Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona's ten largest cities. Scottsdale continues to be recognized nationwide as one of the top markets for business performance, job growth, livability, and friendly culture.
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