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5501 E Speedway BlvdTucson, AZ 85712
Salad And Go
Asset ClassRetail
Deal Size$1.91 M
Retail SF: 2,000Cap Rate: 5.5%Access Data Room
Abs NNN Ground Lease | 16+ Years Remaining | Corporate Guarantee
overview of deal

Overview

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

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Investment Highlights

CORPORATE NNN GROUND LEASE WITH ANNUAL INCREASES The tenant operates under a 20-year absolute NNN ground lease with over 16 years remaining and zero landlord responsibilities. Backed by a corporate guaranty, the lease includes 2% annual rent increases starting in 2026 and four 5-year renewal options—offering long-term, predictable, and passive cash flow.

 

TOP 20% VISITS FOR SALAD AND GO NATIONWIDE WITH STRONG SALES This Salad and Go location ranks #21 out of 131 stores nationwide and draws 229,600+ annual visits, placing it in the top 20% of the entire Salad and Go portfolio according to Placer.ai. The site benefits from a dual drive-thru layout and strong local demand fundamentals, supporting consistent throughput and operational efficiency. Additionally, the location maintains a healthy rent-to-sales ratio (inquire with broker)—a key indicator of long-term viability and tenant performance.

 

STRONG DEMOGRAPHICS IN DENSE INFILL TRADE AREA Situated in a core Tucson corridor, the property is surrounded by a population of 276,000+ within a 5-mile radius and a daytime population exceeding 365,000. The infill setting supports all-day consumer demand with traffic from healthcare, education, and retail employment nodes.

 

MAJOR UNIVERSITY DEMAND DRIVER – 5 MILES FROM UNIVERSITY OF ARIZONA Salad and Go is located just under 5 miles from the University of Arizona, a flagship public research institution with over 52,000 students, faculty, and staff. The university anchors a dense, year-round consumer base ideal for the brand’s fast, health-focused drive-thru model. Proximity to student housing and direct access via E Speedway Blvd position this site to capture high-frequency traffic from one of Tucson’s most significant demand generators.

 

HARD CORNER LOCATION WITH 79,000+ VPD Positioned at the signalized intersection of E Speedway Blvd & N Craycroft Rd, the property benefits from exceptional visibility and access with a combined 79,000+ vehicles per day. The location is anchored by strong surrounding demand drivers including Tucson Medical Center, Park Place Mall, and nearby retail corridors.

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5501 E Speedway BlvdTucson, AZ 85712

Sales Team

Drew IsaacSenior Managing Director Investments(303) 328-2048drew.isaac@marcusmillichap.com
Ryan SarbinoffAZ Broker of Record

License #: BR675146000

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Listing provided by Revere CRE