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101 Naco Road - Valley View Shopping Center, Bisbee, AZ

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101 Naco Road - Valley View Shopping Center

Bisbee, AZ 85603-9655

(678.7 KB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1991
Building Size:44,741 SF Land Area:11.28 AC (491,357 SF)
For Sale Price:$1,760,000 Price/SF:$39.34
Cap Rate:5.70 %
Parking:44 Surface spaces are available; Ratio of 10/1,000 SF
Features:Corner Lot, Pylon Sign, Restaurant, Signalized Intersection, Drive Thru

Sale Notes:
SRS is pleased to present the rare opportunity to acquire the fee simple interest (land & building) in a freestanding, single tenant, absolute NNN-leased, Burger King with drive-thru, and outparcel to Safeway grocery anchored shopping center located in Bisbee, AZ. The tenant, Burger King, just extended their lease for an additional 20 years in August of 2017. The lease features 1% annual increases beginning in May 2023 and each of the 4 (5-year) option periods, which generates steady NOI grown and hedges against inflation.

SRS National Net Lease Group
Patrick R Luther
(949) 698-1115

Matthew Mousavi
(949) 698-1116

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