Skip to main content

Restaurant

Angie's Drive-Thru

1050 E Tucson Marketplace Blvd, Tucson, AZ 85713

Listing Price: $2,500,000

Cap Rate
6.00%
Tenant Name
Angie's Lobster Prime Grill
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,217
Lease Type
Absolute Net
Rent Per Square Feet
$67.66

Investment Overview

Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.

Angie’s is a collection of four disruptive restaurant concepts, united by one mission: to make luxury foods affordable for everyone. Angie's menus consist of fresh, high-quality meals with the convenience and pricing of traditional fast food. Angie's business model is streamlined, efficient, vertically integrated and horizontally integrated between concepts. The four concepts are: Angie's Lobster, Angie's Prime Grill, Angie's Burger, and Angie's Chicken.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - 2025 Renovation
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Located in Tucson Marketplace, an 850K SF Regional Super Center - Major Tenants Include Costco, Walmart, Dave & Buster's, Cinemark, and Planet Fitness
  • Adjacent to the UA Tech Park at The Bridges, Home to Geico's Corporate Offices, and Will Feature 1.2 Million Square Feet of Office and Lab Space to Support ±5,000 Employees at Build-Out
  • Dense Tucson Trade Area - 256,857 Residents and 346,416 Daytime Population within a Five-Mile Radius
  • Directly Across from ±416 New Apartment Units and The Pearl, a New Housing Community in Development with ±125 Single-Family Homes
  • Immediately Off Interstate 10, a Significant Connector for the Greater Tucson Area (±100,155 Cars per Day)
  • Easily Accessible Location Just Off South Park Avenue (±24,400 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

Angie's Drive-Thru

Listing Price: $2,500,000

Cap Rate
6.00%
Tenant Name
Angie's Lobster Prime Grill
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,217
Lease Type
Absolute Net
Rent Per Square Feet
$67.66

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - 2025 Renovation
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Located in Tucson Marketplace, an 850K SF Regional Super Center - Major Tenants Include Costco, Walmart, Dave & Buster's, Cinemark, and Planet Fitness
  • Adjacent to the UA Tech Park at The Bridges, Home to Geico's Corporate Offices, and Will Feature 1.2 Million Square Feet of Office and Lab Space to Support ±5,000 Employees at Build-Out
  • Dense Tucson Trade Area - 256,857 Residents and 346,416 Daytime Population within a Five-Mile Radius
  • Directly Across from ±416 New Apartment Units and The Pearl, a New Housing Community in Development with ±125 Single-Family Homes
  • Immediately Off Interstate 10, a Significant Connector for the Greater Tucson Area (±100,155 Cars per Day)
  • Easily Accessible Location Just Off South Park Avenue (±24,400 Cars per Day)

Investment Overview

Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents. Angie’s is a collection of four disruptive restaurant concepts, united by one mission: to make luxury foods affordable for everyone. Angie's menus consist of fresh, high-quality meals with the convenience and pricing of traditional fast food. Angie's business model is streamlined, efficient, vertically integrated and horizontally integrated between concepts. The four concepts are: Angie's Lobster, Angie's Prime Grill, Angie's Burger, and Angie's Chicken.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

MM Texture Background
MM Textured Background Lower