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Restaurant For Sale • 9,987 SF
| LONG -TERM LEASE - 10 years remaining on NN lease with attractive 10% rental escalations every 5 years with two 5-year options to renew |
| OPERATOR/SUBSTANTIAL REMODEL - Operator has strategically placed 6 distinct brands with 13 locations in Arizona & Texas |
| Tenant just completed and paid for a full remodel (over $1 million) to rebrand of the restaurant - reaffirming their commitment to this location! |
| TROPY LOCATION/HIGH BARRIERS TO ENTRY - Well positioned on the hard corner/signalized intersection |
| HIGH TRAFFIC COUNTS/VISIBILITY - Pad site to At Home/Trader Joe’s Anchored Shopping Center - situated on a large ±1.615-acre parcel |
| 2023 DEMOGRAPHICS: Total Population (5-MI): 295,883 | Average Household Income (1-MI): $168,121 |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| The Backyard | 9,987 SF |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Phoenix-Mesa Gateway | 11 min | - | 5.2 mi |
| Phoenix Sky Harbor International | 35 min | - | 26.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
