Restaurant
Filiberto's - 20 Yr Abs NNN
888 N Grand Canyon Blvd, Williams, AZ 86046
Listing Price: $2,160,000
Investment Overview
Filiberto’s, a popular 24-hour Mexican takeout restaurant, was first introduced to Arizona in 1993, when a store opened at Stapley Drive and Main Street in Mesa. Along with Arizona, Filiberto’s has locations in California and New Mexico.
Williams, Arizona is a small mountain town with a population of about 3,300 residents. Williams is driven heavily by tourism, earning its reputation as the “Gateway to the Grand Canyon.” The Grand Canyon Railway, which departs from Williams and travels to the national park, is one of the city’s largest attractions and employers.
Filiberto's - 20 Yr Abs NNN
Investment Highlights
- "Gateway to the Grand Canyon" Drawing 5 Million Tourists Annually, With Other Popular Sites Including Bearizona Wildlife Park, Historic Route 66, and Outdoor Activities
- Absolute Triple-Net (NNN) Lease with Filiberto's, a Popular Regional Chain with ±130 Locations Throughout Arizona, California, and New Mexico
- Founder Guaranty - The Lease is Guaranteed Personally By One of Filiberto's Original Founders, Sergio Tenorio Sr.
- 10% Rental Increases Every 5 Years
- The Lease Features Two, Five-Year Renewal Option with Rental Increases
- Located Directly at the I-40 Exit (19,050 CPD)
- Directly Across to Downtown Williams and the Historical Route 66
- Immediate Proximity to Highly Rated Hotels Such as Hampton by Hilton and The Grand Canyon Railway & Hotel
Listing Price: $2,160,000
Investment Highlights
- "Gateway to the Grand Canyon" Drawing 5 Million Tourists Annually, With Other Popular Sites Including Bearizona Wildlife Park, Historic Route 66, and Outdoor Activities
- Absolute Triple-Net (NNN) Lease with Filiberto's, a Popular Regional Chain with ±130 Locations Throughout Arizona, California, and New Mexico
- Founder Guaranty - The Lease is Guaranteed Personally By One of Filiberto's Original Founders, Sergio Tenorio Sr.
- 10% Rental Increases Every 5 Years
- The Lease Features Two, Five-Year Renewal Option with Rental Increases
- Located Directly at the I-40 Exit (19,050 CPD)
- Directly Across to Downtown Williams and the Historical Route 66
- Immediate Proximity to Highly Rated Hotels Such as Hampton by Hilton and The Grand Canyon Railway & Hotel
Investment Overview
Filiberto’s, a popular 24-hour Mexican takeout restaurant, was first introduced to Arizona in 1993, when a store opened at Stapley Drive and Main Street in Mesa. Along with Arizona, Filiberto’s has locations in California and New Mexico. Williams, Arizona is a small mountain town with a population of about 3,300 residents. Williams is driven heavily by tourism, earning its reputation as the “Gateway to the Grand Canyon.” The Grand Canyon Railway, which departs from Williams and travels to the national park, is one of the city’s largest attractions and employers.
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