4405 N 1st Ave - Fast Food FOR SALE
Tucson, AZ 85719 |
4405 N 1st Ave
Tucson, AZ 85719
HIGHLIGHTS
- Highly desirable, essential business with free-standing café and drive thru with contactless ordering and pick up
- Brand new 20-year, 6-month initial lease termcommencing January 1st, 2021
- Fixed 10% increases every 5 yearsthrough the initial term and options
- 2020 remodel to Arby’s Inspire Restaurant Design which includes a drive-thru and revamped kitchens to improve efficiency
- Ideally positioned at the signalized hard cornerof E. Wetmore Road and N. 1st Avenue which has combined traffic counts just shy of 100,000 VPD
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Arby's | New, 20.5-Yr NNN Lease | '20 Remodel
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
3037
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
105-10-2470
