Restaurant
Salad and Go
5501 E Speedway Blvd, Tucson, AZ 85712
Listing Price: $1,909,000
Cap Rate
5.50%
Tenant Name
Salad and Go
Years Remaining On Lease
16.6
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.50
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Salad and Go in Tucson, AZ.
Investment Highlights
- 16+ years remaining on an absolute NNN ground lease with no landlord responsibilities. The lease features 10% increases every 5-years and 4, 5-year options.
- The subject property features a corporate lease, double drive-thru, and separate mobile express pick-up window.
- Corporate lease with Salad & Go -over 150 locations and growing.
- Hard Corner location- The subject property is situated at the signalized intersection of N Craycroft Rd & Speedway Blvd, which sees a combined 79,000 VPD.
- This location is a top performer per Placer AI, with a visits ranking of 18th among Salad & Go stores nationwide. It attracts 328,000 diners per year.
- Strategically located on an infill corner in growing Tucson, the property is surrounded by a population of 276,742 within a 5 mile radius.
Listing Price: $1,909,000
Cap Rate
5.50%
Tenant Name
Salad and Go
Years Remaining On Lease
16.6
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.50
Investment Highlights
- 16+ years remaining on an absolute NNN ground lease with no landlord responsibilities. The lease features 10% increases every 5-years and 4, 5-year options.
- The subject property features a corporate lease, double drive-thru, and separate mobile express pick-up window.
- Corporate lease with Salad & Go -over 150 locations and growing.
- Hard Corner location- The subject property is situated at the signalized intersection of N Craycroft Rd & Speedway Blvd, which sees a combined 79,000 VPD.
- This location is a top performer per Placer AI, with a visits ranking of 18th among Salad & Go stores nationwide. It attracts 328,000 diners per year.
- Strategically located on an infill corner in growing Tucson, the property is surrounded by a population of 276,742 within a 5 mile radius.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Salad and Go in Tucson, AZ.