1720 W Thatcher Blvd, Safford, AZ
Retail for Sale - $2,187,000 - 3,020 Sq. Ft. on 0.99 acres
Property Info
CIMLS# | 964992 |
Location 1720 W Thatcher Blvd Safford AZ 85546 | |
Updated | November 1st, 2017 |
Type | Retail |
Price | $2,187,000 |
Building | 3,020 Sq. Ft. |
Land | 0.99 acres |
Property Description
SVN is pleased to present this single-tenant, absolute triple-net leased Arby's with no Landlord responsibilities. The lease is personally guaranteed by Charles Harmon, the largest Arby's franchisee in the State of Arizona. With 10+ years remaining on the Lease and annual 2% increases, this investment provides consistent NOI growth secured by a well established operator.
Location Description:
The subject property is located in Safford, Arizona on the north side of US-70, the main arterial corridor through Graham County. Safford is located near the Arizona/New Mexico border with approximately 10,000 in population.
Highlights:
>> Absolute NNN
>> No Landlord Responsibilities
>> 2% Annual Increases
>> 10+ Years Remaining on Initial Term with Two 5 Year Options In Place
>> Largest Arby's Franchisee in Arizona
>> Nine (9) Years of Operation at this Location
>> I-70 Freeway Frontage