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Restaurant

Wingstop | Brand New 10 Yr Lease w/ 12% Increases Every 5 Years

208 N Grand Ave, Nogales, AZ 85621

Listing Price: $1,477,000

Cap Rate
6.50%
Tenant Name
Wingstop
Years Remaining On Lease
9.5
Gross SF
2,154
Guarantor
Franchisee Guarantee
Rentable SF
2,154
Price/Gross SF
$685.70
Lease Type
Double Net
Rent Per Square Feet
$44.57

Investment Overview

Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,800 restaurants worldwide – with 98 percent of the total restaurant count owned by brand partners. Dedicated to Serving the World Flavor, the Flavor Experts offer cooked-to-order and hand sauced-and-tossed classic and boneless wings, tenders and chicken sandwiches, in fans’ choice of 12 bold, distinctive flavors, with signature sides and iconic housemade ranch and bleu cheese dips.

Nogales is a city in and the county seat of Arizona's Santa Cruz County. Home to over 20,000 residents and forms part of the larger Tucson-Nogales combined statistical area. Nogales forms Arizona's largest transborder agglomeration with its adjacent, much larger twin city, Nogales, Sonora, across the Mexican border.

Investment Highlights

  • Brand New 10-Year Lease with the Largest Wingstop Franchisee (115+ Units)
  • 12 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Recently Remodeled in 2025 with New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • Located Two Miles from the U.S./Mexico Border - Approximately 3.2 Million Pedestrians and 3.8 Million Vehicles Cross Annually
  • Situated in the Heart of Downtown Nogales - Nearly 21,000 Residents Located within a Five-Mile Radius
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More
  • Excellent Visibility Along North Grand Avenue (12,400 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

Wingstop | Brand New 10 Yr Lease w/ 12% Increases Every 5 Years

Listing Price: $1,477,000

Cap Rate
6.50%
Tenant Name
Wingstop
Years Remaining On Lease
9.5
Gross SF
2,154
Guarantor
Franchisee Guarantee
Rentable SF
2,154
Price/Gross SF
$685.70
Lease Type
Double Net
Rent Per Square Feet
$44.57

Investment Highlights

  • Brand New 10-Year Lease with the Largest Wingstop Franchisee (115+ Units)
  • 12 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Recently Remodeled in 2025 with New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • Located Two Miles from the U.S./Mexico Border - Approximately 3.2 Million Pedestrians and 3.8 Million Vehicles Cross Annually
  • Situated in the Heart of Downtown Nogales - Nearly 21,000 Residents Located within a Five-Mile Radius
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More
  • Excellent Visibility Along North Grand Avenue (12,400 Cars per Day)

Investment Overview

Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,800 restaurants worldwide – with 98 percent of the total restaurant count owned by brand partners. Dedicated to Serving the World Flavor, the Flavor Experts offer cooked-to-order and hand sauced-and-tossed classic and boneless wings, tenders and chicken sandwiches, in fans’ choice of 12 bold, distinctive flavors, with signature sides and iconic housemade ranch and bleu cheese dips. Nogales is a city in and the county seat of Arizona's Santa Cruz County. Home to over 20,000 residents and forms part of the larger Tucson-Nogales combined statistical area. Nogales forms Arizona's largest transborder agglomeration with its adjacent, much larger twin city, Nogales, Sonora, across the Mexican border.

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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