Commercial Property for Sale in Tucson Arizona 85704

1987 W River Rd, Tucson Arizona, 85704

Listing ID: CL-Arizona-12421 Commercial Restaurant Retail
Published on: Monday, October 14, 2024 | Updated on: Monday, October 14, 2024

Listing Summary

This is an exceptional, management-free investment featuring a rare 20-year absolute NNN lease with Filiberto’s, a fast-growing and well-known Mexican food QSR brand.

Full Description

This is an exceptional, management-free investment featuring a rare 20-year absolute NNN lease with Filiberto’s, a fast-growing and well-known Mexican food QSR brand. Enjoy passive income with 10% rental increases every 5 years, ensuring strong long-term returns. Strategically located near Northwest Medical Center, a major hospital in North Tucson, this newly constructed 2024 drive-thru prototype boasts excellent street frontage on River Road, with high traffic exposure from over 56,000 vehicles daily. Situated in a dense submarket with over 180,000 residents within 5 miles, this property offers unbeatable real estate fundamentals. With a personal guaranty from one of Filiberto’s founding members, this investment offers stability and growth potential, backed by a brand with staying power that has never closed a location. An ideal opportunity for a hands-off investor seeking secure, long-term income in a booming Tucson market.

Quick Glance

  • Listing ID: CL-Arizona-12421
  • Status: Active
  • Year Build: 2024
  • Building Size: 2,400 SqFt
  • Lot Size: 2,400.00 Acre

Complete Details

  • Year Build: 2024
  • Building Size: 2,400 SqFt
  • No of Stories: 1
  • Total Lot Area: 2,400.00 Acre
  • No of Total Units: 1
  • Heating and Cooling: Not Specified
  • Building Class: Class A

Pricing Details

Additional Features

Highlights
  • Rare long-term 20-year lease with attractive 10% increases every 5 years through the initial term and option periods.
  • The tenant will benefit from its immediate proximity to a regional hospital in North Tucson, Northwest Medical Center, a 290-bed campus that employees over 1,600 people on a daily basis and the I-10 Freeway is located conveniently just a few miles to the
  • The offering features an absolute NNN lease structure with zero landlord responsibilities making this an ideal, hands-off investment for any prospective buyer.
  • his long term lease is guaranteed personally by one of Filiberto’s original founding members. This QSR brand has become a well known brand in the Arizona community and has achieved long term staying power having never closed a store since its inception.
Tenants
  • Filiberto's Mexican Food
  • 20 years
  • Lease Options 2,5-Year Options
  • Lease Type Absolute NNN

Listing Location

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