Cap Rate
6.15%
Price Per SF
$36
Year Built
1986
Leasable Area
2,655 SF
Term Remaining
±13 YRS
NOI
$95,700
Property Type
Retail
INVESTMENT SUMMARY
The broker is pleased to exclusively offer the opportunity to acquire the fee simple interest in single-tenant net leased Carl’s Jr located at 728 N Bisbee Ave, Willcox, AZ. Situated on a ±0.59 AC lot outparceled to a Safeway Anchored shopping center, this property offers a prospective buyer 13+ years of fully passive income. The property is operated by StarCorp, LLC, a very large franchisee of Carl’s Jr and Hardee’s that operates 50+ Carl’s Jr locations in Arizona and more than 150 restaurants nationwide between the two brands. With yearly rental increases and an Absolute NNN lease with zero landlord responsibilities, this asset is the perfect offering for an investor seeking a long-term and fully passive investment.
Broker of Record
- Simon Assaf
- License No. BR663663000 (AZ)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251