2574 N Campbell Ave - Restaurant FOR SALE


Tucson, AZ 85719- Samos
$3,696,000 USD
602-206-0784
2574 N Campbell Ave, Tucson, AZ for Sale
$3,696,000 USD
Restaurant - FOR SALE
1/4
null | 6.25% Cap Rate

2574 N Campbell Ave
Tucson, AZ 85719
Samos


HIGHLIGHTS

  • 20-Year Absolute Triple-Net (NNN) Lease
  • Minutes From UofA (±56,544 Students)
  • Attractive 2% Annual Rental Increases

OVERVIEW

Single-tenant Angie’s Prime Grill drive-thru investment opportunity featuring a ±20-year absolute triple-net (NNN) lease with attractive 2% annual rental increase. Angie's Prime Grill serves warm rice bowls, grilled burritos, and fresh-cut salads with grilled-to-order antibiotic and hormone free chicken, USDA prime steak, wild-caught Mexican colossal shrimp, and seared falafel. Angie’s Food Concepts, LLC operates 17 locations across Arizona and Nevada under 4 concepts (Angie’s Prime Grill, Angie’s Lobster, Angie’s Burger, and Angie’s Chicken). Angie's Food Concepts has over a dozen stores currently under development or planned for regional expansion. The Property is minutes away from the University of Arizona, a nearly 400-acre campus with ±56,544 students and ±14,378 employees (Source: Arizona.edu). Banner – University Medical Center Tucson (±4,300 employees and ±649 licensed beds) is just south of the Property (Source: Banner Health). Salpointe Catholic High School (±1,253 students) is walking distance from the Property (Source: US News). National retailers in the immediate vicinity include Albertsons, Fry's (Kroger), Safeway, Ross Dress for Less, Starbucks, Taco Bell, Panda Express, First Watch, Jimmy John's, and many more. The Property has excellent visibility on the hard corner of E Copper St and N Campbell Ave (±33,731 VPD), a main thoroughfare in Tucson (Source: ADOT, 24). This location is densely populated with a 3-mile population of ±136,556 and employment base of ±107,430 (Source: Esri).

FOR SALE DETAILS

PRICE

$3,696,000 USD

PRICE/SF

$1,374 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Angie's Prime Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

-

APN/PARCEL ID

112-06-219B

ASK ABOUT THIS PROPERTY

Ben FarthingCBREMore Info
602-206-0784

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Ben FarthingCBREMore Info
602-206-0784

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