CARL’S JR 1880 E Broadway Blvd, Tucson, AZ 85719
Cap Rate 5.00%
Price Per SF $683
Leasable Area 2,600 SF
Term Remaining 20 YRS
Year Built 1997
Broker of Record
Alexis Suarez Urquijo
License No. LC665320000 (AZ)
ASI Real Estate Investments LLC
7150 E Camelback Road, Suite 444, Scottsdale, AZ 85251
- Hard Signalized Corner Location – Intersection of Broadway and Campbell benefits from an Average Daily Traffic of over 70,000 per day!
- Close Proximity to University of Arizona– Strategically located ½ Mile South of the University with 43,000 Students enrolled and a Football Stadium with just under 60,000 seating capacity.
- Ideal Business for Student Population – One of the closest fast food locations to the University.
- Strong Population with Over Three Hundred Thousand People in a 5-Mile Radius
- Brand New Absolute NNN Lease with StarCorp, LLC. (130-unit guarantee)
- 20 Year Lease Term to Commence at Close of Escrow
- 1.25% Increases Annually Throughout the Term of the Lease
- 2,600SF building situated on +/- 0.80 Acres.
- Low Rent of only $34.13/SF – Comparable Leases suggest rent is 50-75% below Market
- Substantially Below Market Rent provides additional security and potential future upside.
- Investment Is Priced Well Below Replacement Cost