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Restaurant

Eegee's - 20 Yr Ground Lease

18741 S Nogales Hwy, Sahuarita, AZ 85614

Listing Price: $1,694,000

Cap Rate
4.25%
Tenant Name
Eegee's, LLC
Years Remaining On Lease
19.5
Gross SF
2,354
Guarantor
Corporate Guarantee
Rentable SF
2,354
Price/Gross SF
$719.63
Lease Type
NNN Ground Lease
Rent Per Square Feet
$30.59

Investment Overview

Eegee's is a growing restaurant brand based in Tucson, Arizona with 30 locations and counting throughout Arizona. What began as a food truck serving frozen lemonade in Tucson in 1971 has evolved into one of the best fast food companies in the state. Sahuarita is a town in Pima County, Arizona, located south of the Tohono O'odham Nation, near the north end of Green Valley. Located 15 miles south of Tucson, along Interstate-19, Sahuarita is home to a variety of events and activities, including the town's annual Fiesta Sahuarita held each September. The Tohono O'odham Nation operates the Desert Diamond Casino, located on the outskirts of the town. Sahuarita's population is estimated to be over 31,400.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease
  • 10 Percent Rental Increases Every Five Years
  • Corporate Guaranty - Eegee's is a Growing Restaurant Brand with Over 30 Locations in Arizona and More Planned to Open in 2022
  • New 2022 Build with a Modern Prototype Design
  • Nearly 38,500 Residents Within a Five-Mile Radius - Tucson MSA
  • Easily Accessible via South Nogales Highway (Over 17,200 Cars per Day) and Located Immediately Off I-19 (Over 41,500 Cars per Day)
  • Outparcel to T.J. Maxx, PetSmart, Sprouts Farmers Market, and Bealls Outlet
  • Situated in Dense Retail Corridor - Tenants Include Walmart, Ross, Starbucks, Chipotle, Petco, and More

Exclusively Listed By

Financing By

Restaurant

Eegee's - 20 Yr Ground Lease

Listing Price: $1,694,000

Cap Rate
4.25%
Tenant Name
Eegee's, LLC
Years Remaining On Lease
19.5
Gross SF
2,354
Guarantor
Corporate Guarantee
Rentable SF
2,354
Price/Gross SF
$719.63
Lease Type
NNN Ground Lease
Rent Per Square Feet
$30.59

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease
  • 10 Percent Rental Increases Every Five Years
  • Corporate Guaranty - Eegee's is a Growing Restaurant Brand with Over 30 Locations in Arizona and More Planned to Open in 2022
  • New 2022 Build with a Modern Prototype Design
  • Nearly 38,500 Residents Within a Five-Mile Radius - Tucson MSA
  • Easily Accessible via South Nogales Highway (Over 17,200 Cars per Day) and Located Immediately Off I-19 (Over 41,500 Cars per Day)
  • Outparcel to T.J. Maxx, PetSmart, Sprouts Farmers Market, and Bealls Outlet
  • Situated in Dense Retail Corridor - Tenants Include Walmart, Ross, Starbucks, Chipotle, Petco, and More

Investment Overview

Eegee's is a growing restaurant brand based in Tucson, Arizona with 30 locations and counting throughout Arizona. What began as a food truck serving frozen lemonade in Tucson in 1971 has evolved into one of the best fast food companies in the state. Sahuarita is a town in Pima County, Arizona, located south of the Tohono O'odham Nation, near the north end of Green Valley. Located 15 miles south of Tucson, along Interstate-19, Sahuarita is home to a variety of events and activities, including the town's annual Fiesta Sahuarita held each September. The Tohono O'odham Nation operates the Desert Diamond Casino, located on the outskirts of the town. Sahuarita's population is estimated to be over 31,400.

Exclusively Listed By

Financing By

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