Restaurant
Hawaiian Bros - 15 Yr Ground Lease
4520 E Cactus Rd, Phoenix, AZ 85032
Listing Price: $3,809,500
Investment Overview
Hawaiian Bros Island Grill is a fast-growing, award-winning restaurant brand focusing on authentic Hawaiian food. The brand's menu is an homage to the Hawaiian plate lunch, which was founded in the 1880s and grew in popularity by the 1950s. Hawaiian Bros offers plate lunches with white rice, macaroni salad, and a variety of protein options and sides. Hawaiian Bros is dedicated to spreading the Aloha Spirit and delicious island-inspired flavors across the mainland.
Stine Enterprises was founded in 1982 and is a highly successful franchise group with a strong presence in
Arizona and California, where they own 87 Jack in the Box restaurants, 16 Denny's, and 17 Hawaiian Bros restaurants.
Paradise Valley Mall, now reimagined as PV Phoenix, is an expansive 92-acre mixed-use development designed to be a high-energy hub for shopping, dining, entertainment, and living. Positioned at the intersection of Tatum Boulevard and Cactus Road, this project includes a 400-unit luxury apartment complex, office spaces, and upscale retailers. In the heart of one the best neighborhoods in Greater Phoenix, the reimagined PV promises to elevate this community in new and exciting ways.
Hawaiian Bros - 15 Yr Ground Lease
Investment Highlights
- New Construction - 15 Year Absolute NNN Ground Lease - 12.5% Rent Bumps
- Strong Lease Guarantor - Stine Enterprises, Inc was established in 1982 and is an 87 unit Jack in the Box Franchisee, 16 unit Denny's Franchisee, and 17 unit (and growing) Hawaiian Bros Franchisee
- Anchored by Costco & Whole Foods Market
- Average Household Income Exceeds $128,000 within a 5-Mile Radius
- Hawaiian Bros Average Unit Volume Estimated at $4 Million
Listing Price: $3,809,500
Investment Highlights
- New Construction - 15 Year Absolute NNN Ground Lease - 12.5% Rent Bumps
- Strong Lease Guarantor - Stine Enterprises, Inc was established in 1982 and is an 87 unit Jack in the Box Franchisee, 16 unit Denny's Franchisee, and 17 unit (and growing) Hawaiian Bros Franchisee
- Anchored by Costco & Whole Foods Market
- Average Household Income Exceeds $128,000 within a 5-Mile Radius
- Hawaiian Bros Average Unit Volume Estimated at $4 Million
Investment Overview
Hawaiian Bros Island Grill is a fast-growing, award-winning restaurant brand focusing on authentic Hawaiian food. The brand's menu is an homage to the Hawaiian plate lunch, which was founded in the 1880s and grew in popularity by the 1950s. Hawaiian Bros offers plate lunches with white rice, macaroni salad, and a variety of protein options and sides. Hawaiian Bros is dedicated to spreading the Aloha Spirit and delicious island-inspired flavors across the mainland. Stine Enterprises was founded in 1982 and is a highly successful franchise group with a strong presence in Arizona and California, where they own 87 Jack in the Box restaurants, 16 Denny's, and 17 Hawaiian Bros restaurants. Paradise Valley Mall, now reimagined as PV Phoenix, is an expansive 92-acre mixed-use development designed to be a high-energy hub for shopping, dining, entertainment, and living. Positioned at the intersection of Tatum Boulevard and Cactus Road, this project includes a 400-unit luxury apartment complex, office spaces, and upscale retailers. In the heart of one the best neighborhoods in Greater Phoenix, the reimagined PV promises to elevate this community in new and exciting ways.
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