208 N Grand Ave - Fast Food FOR SALE


Nogales, AZ 85621
$1,477,000 USD
602-687-6780
208 N Grand Ave, Nogales, AZ for Sale
$1,477,000 USD
Fast Food - FOR SALE
1/5
null | 6.5% Cap Rate

208 N Grand Ave
Nogales, AZ 85621


HIGHLIGHTS

  • Brand New 10-Year Lease with the Largest Wingstop Franchisee (115+ Units)
  • 12% Rental Increases Every 5 Years with Multiple Renewal Options
  • Recently Remodeled in 2025 with New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • Located Two Miles from the U.S./Mexico Border - Approximately 3.2 Million Pedestrians and 3.8 Million Vehicles Cross Annually
  • Situated in the Heart of Downtown Nogales - Nearly 21,000 Residents Located within a 5-Mile Radius
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More

OVERVIEW

Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,800 restaurants worldwide – with 98% of the total restaurant count owned by brand partners. Dedicated to Serving the World Flavor, the Flavor Experts offer cooked-to-order and hand sauced-and-tossed classic and boneless wings, tenders and chicken sandwiches, in fans’ choice of 12 bold, distinctive flavors, with signature sides and iconic housemade ranch and bleu cheese dips. Nogales is a city in and the county seat of Arizona's Santa Cruz County. Home to over 20,000 residents and forms part of the larger Tucson-Nogales combined statistical area. Nogales forms Arizona's largest transborder agglomeration with its adjacent, much larger twin city, Nogales, Sonora, across the Mexican border.

FOR SALE DETAILS

PRICE

$1,477,000 USD

PRICE/SF

$686 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wingstop | Brand New 10 Yr Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

-

APN/PARCEL ID

101-50-101

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.