Published on: Friday, August 30, 2024
Updated on: Tuesday, April 1, 2025
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About the Lister
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Name: Tim Westfall
Company: Echo West Capital Advisors
Office Phone: 602.628.6298
Cell Phone: 602.628.6298
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  Frito-Lay Distribution building
31 Kipper St Rio Rico Arizona , 85648
31 Kipper St Rio Rico Arizona                                                                                             , 85648  Echo West Capital Advisors
Listing ID: CL-Arizona-11647

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: $173,544.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-11647
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2001
Building Size: 10,290.00 SqFt
Lot Size: 2.00 Acre
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Frito-Lay+Distribution+Building+-+Rio+Rico,+AZ+6.10.24-compressed.pdf ( 10,332.98KB)
Listing Summary
This prime investment property, recently upgraded to Frito-Lay’s specifications, offers a secure and lucrative opportunity. With over 10,000 SF of space, including a warehouse and office areas, the facility is strategically located along the I-19 corridor, serving as a critical last-mile distribution hub. Leased by Frito-Lay, the market leader in the U.S. snack food industry and backed by PepsiCo, this property promises long-term stability and growth potential, with room for further expansion.
Complete Details
Year Build: 2001
Building Size: 10,290 SqFt.
No of Stories: 1
Total Lot Area: 2 Acre
No of Parking: N/A
No of Total Units: 6
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

This exceptional investment property promises strong returns, starting with a solid 6.75% cap rate and climbing to an impressive 8.07% by year 10, offering an average blended cap rate of 7.39%. Recent, extensive renovations have tailored the facility to meet Frito-Lay's exacting standards, including an expanded building, new dock high doors, enhanced infrastructure, and the potential to further expand by an additional 8,000 square feet. Leased by Frito-Lay, the undisputed leader in the U.S. snack food market and backed by PepsiCo, a global powerhouse with over $91B in annual revenue, this property offers unparalleled security. The lease features annual rental increases, ensuring consistent growth, while the absence of tenant renewal options opens the door for future upside. Strategically located along the bustling I-19 corridor, this property serves as a vital last-mile distribution center for Frito-Lay, benefiting from prime highway access that connects the U.S.-Mexico border to Tucson. With over 10,000 SF of cutting-edge facilities, including 6,090 SF of warehouse space and 4,200 SF of modern office space, this property is perfectly positioned to capitalize on Frito-Lay’s ongoing expansion and the region’s booming logistics market.

Additional Properties
Property Tenants
  • PepsiCo Global Real Estate, Inc.
Property Highlights
  • Recent Capital Improvements | Expandable Site
  • Robust Border Economy
Listing Location
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3899 El Mercado Loop , Sierra Vista Arizona                                                                                              85635
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104 Osborne Way , Georgetown Kentucky                                                                                             40324
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4167 N FM 1053 , Fort Stockton Texas                                                                                                79735
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4200 Williams Blvd , Kenner Louisiana                                                                                            70065