9220 S Houghton Rd - Restaurant FOR SALE


Tucson, AZ 85747- Rita Ranch
$1,906,000 USD
818-632-0233
9220 S Houghton Rd, Tucson, AZ for Sale
$1,906,000 USD
Restaurant - FOR SALE
1/9
null | 5.75% Cap Rate

9220 S Houghton Rd
Tucson, AZ 85747
Rita Ranch


HIGHLIGHTS

  • 14-Year Lease with 305+ Unit Operator | Strong Sales | New Denny’s Prototype
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Walmart & Home Depot Out-Parcel | Strong Corridor
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN leased Denny’s investment property. The tenant, Feast Restaurants, will enter into a brand new 14-year lease with four (5-year) options to extend, highlighting their long-term commitment to the location. The lease features 10% rental increases every five years throughout the base term and option periods, providing investors with a steadily growing net operating income and a strong hedge against inflation. The building features Denny’s latest prototype, showcasing the brand’s most modern design and layout, aligning with current consumer preferences and operational efficiency.

FOR SALE DETAILS

PRICE

$1,906,000 USD

PRICE/SF

$1,043 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny's | 14 Yr NNN | 305+ Unit Operator

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

141-18-626C

ASK ABOUT THIS PROPERTY

Aron ClineSRS National Net LeaseMore Info
818-632-0233

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Aron ClineSRS National Net LeaseMore Info
818-632-0233

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