Listing Summary
This offering features a passive, management-free 20-year lease with 4 five-year renewal options. Filiberto’s is a fast-growing Mexican food brand with over 150 locations, predominantly in Arizona.
Full Description
This offering features a passive, management-free 20-year lease with 4 five-year renewal options. Filiberto’s is a fast-growing Mexican food brand with over 150 locations, predominantly in Arizona. The lease includes 3% annual rent increases, providing compounding yield over time.
With an absolute NNN lease structure, there are zero landlord responsibilities, making it an ideal hassle-free investment. The property is attractively priced below market, offering a strong opportunity. The lease is personally guaranteed by one of Filiberto’s founding members, adding security to this well-established brand. Located in Central Phoenix, the property benefits from a dense population of over 220,000 residents within a 5-mile radius and is positioned on busy 7th Street, ensuring high visibility and traffic.
Quick Glance
- Listing ID:
CL-Arizona-12405
- Status:
Active
- Year Build:
1995
- Building Size:
2,667 SqFt
- Lot Size:
2,667.00 Acre