5501 E Speedway BlvdTucson, AZ 85712
Salad And Go
Abs NNN Ground Lease | 16+ Years Remaining | Corporate Guarantee
Overview
Initial Lease Term: 20 Years
Lease Term Remaining: 16+ Years
Lease Type: Absolute NNN Ground Lease
Rent Commencement: 8/24/2021
Expiration Date: 8/31/2041
Roof & Structure: Tenant
Rent Increases: 10% Every 5 Years
Options: 4 x 5-Year
Guarantor: Corporate
Investment Highlights
- 16+ years remaining on an absolute NNN ground lease with no landlord responsibilities. The lease features 10% increases every 5-years and 4, 5-year options.
- The subject property features a corporate lease, double drive-thru, and separate mobile express pick-up window.
- Corporate lease with Salad & Go -over 150 locations and growing.
- Hard Corner location- The subject property is situated at the signalized intersection of N Craycroft Rd & Speedway Blvd, which sees a combined 79,000 VPD.
- This location is a top performer per Placer AI, with a visits ranking of 18th among Salad & Go stores nationwide. It attracts 328,000 diners per year.
- Strategically located on an infill corner in growing Tucson, the property is surrounded by a population of 276,742 within a 5 mile radius.
Photo Gallery
5501 E Speedway BlvdTucson, AZ 85712
Sales Team
Listing provided by Revere CRE