Restaurant

Church's Chicken

94 5th St, Douglas, AZ 85607

Listing Price: $1,000,000

Cap Rate
6.83%
Tenant Name
Cajun Operating Company, Inc.
Years Remaining On Lease
5.2
Gross SF
2,289
Guarantor
Corporate Guarantee
Rentable SF
2,289
Price/Gross SF
$436.87
Lease Type
Absolute Net
Rent Per Square Feet
$29.83

Investment Overview

The subject property is located on the American side of the US/Mexico border in the city of Douglas, Arizona. It sits approximately 1,950 feet from the border where it meets its Mexican counterpart, the city of Agua Prieta, Sonora. Investors that understand the retail trade on the American side of the US/Mexico border know of its sustained success. These retail trade areas are clustered at the ports of entry including but not limited to Douglas, Tijuana, Calexico, Yuma, Laredo, Brownsville, Nogales and El Paso. Many if not all of these POEs are populated with the same retail tenants, including Churchs Chicken.
The Douglas POE facilitates the third largest physical volume and economic value of imports from Mexico along the Arizona border, behind Nogales and San Luis. The total trade flow through Douglas was approximately $1.9 billion in 2016. The Douglas port accommodates approximately 11,000 visitors per day from Mexico who spend approximately $123,000,000 annually. 81.6% of the Mexican residents entering the US through the Douglas port do so for the purpose of shoppingthe highest proportion of all the POEs in the State of Arizona. Annually there are over 2,700,000 personal vehicle passengers, 26,000 trucks and 890,000 pedestrians that pass through. Demographics in the immediate area include a 32 year old median age, approximately 18,699 residents in the city of Douglas, approximately 110,000 residents in the city of Agua Prieta and approximately 2.66 million residents in the Mexican state of Sonora.

Investment Highlights

  • Triple-Net (NNN) Single-Tenant Quick Serve Drive-Thru Restaurant
  • No Landlord Responsibilities
  • Recently Exercised 5 Year Option
  • 9+ Years Operating History at this Location
  • Corporate Guarantee
  • Open, Operating and Paying Rent Through Covid Pandemic

Exclusively Listed By

Financing By

Listing Price: $1,000,000

Cap Rate
6.83%
Tenant Name
Cajun Operating Company, Inc.
Years Remaining On Lease
5.2
Gross SF
2,289
Guarantor
Corporate Guarantee
Rentable SF
2,289
Price/Gross SF
$436.87
Lease Type
Absolute Net
Rent Per Square Feet
$29.83

Investment Highlights

  • Triple-Net (NNN) Single-Tenant Quick Serve Drive-Thru Restaurant
  • No Landlord Responsibilities
  • Recently Exercised 5 Year Option
  • 9+ Years Operating History at this Location
  • Corporate Guarantee
  • Open, Operating and Paying Rent Through Covid Pandemic

Investment Overview

The subject property is located on the American side of the US/Mexico border in the city of Douglas, Arizona. It sits approximately 1,950 feet from the border where it meets its Mexican counterpart, the city of Agua Prieta, Sonora. Investors that understand the retail trade on the American side of the US/Mexico border know of its sustained success. These retail trade areas are clustered at the ports of entry including but not limited to Douglas, Tijuana, Calexico, Yuma, Laredo, Brownsville, Nogales and El Paso. Many if not all of these POEs are populated with the same retail tenants, including Churchs Chicken.
The Douglas POE facilitates the third largest physical volume and economic value of imports from Mexico along the Arizona border, behind Nogales and San Luis. The total trade flow through Douglas was approximately $1.9 billion in 2016. The Douglas port accommodates approximately 11,000 visitors per day from Mexico who spend approximately $123,000,000 annually. 81.6% of the Mexican residents entering the US through the Douglas port do so for the purpose of shoppingthe highest proportion of all the POEs in the State of Arizona. Annually there are over 2,700,000 personal vehicle passengers, 26,000 trucks and 890,000 pedestrians that pass through. Demographics in the immediate area include a 32 year old median age, approximately 18,699 residents in the city of Douglas, approximately 110,000 residents in the city of Agua Prieta and approximately 2.66 million residents in the Mexican state of Sonora.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower