Drive-Through Restaurant NNN Ground
For Sale
Contact for pricing
1990 W THATCHER BLVD, Safford, AZ 85546
Signalized intersection drive-through restaurant with adjacent national retailers and an absolute NNN sublease.
Property Size2,759 SF
Price / SF$1,019
Days on Market135
Property Features for 1990 W THATCHER BLVD
General Information
Standard status
Active
Size
2,759 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Additional Details
Cap Rate
7%
Building Details
Year Built
2020
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Northmarq Capital, LLC
Listed By:
BJ Feller · License #IL 471007951
Source:
Crexi
Added: Apr 27
Changed: Aug 27
Last Checked: Sep 7 at 8:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This is a drive-through restaurant investment structured as an absolute NNN ground lease. The property includes a new 19+ year sublease with the franchisee to begin at the close of escrow, followed by three additional five-year options. The sublease is described as absolute NNN, with the subtenant responsible for all operating costs and responsibilities for the entire parcel, supporting a passive ownership position.
The site is located at a signalized intersection and is adjacent to major retailers including Safeway, Walmart, Starbucks, McDonald’s, and O’Reilly Auto, along with additional nearby businesses. The offering materials note 35+ years of passive returns.
Economics in the remarks include a 7 cap (plus increases), with 10% increases every five years, and conservative underwriting factors of 8.5% rent to sales and nearly 4x rent coverage.
The site is located at a signalized intersection and is adjacent to major retailers including Safeway, Walmart, Starbucks, McDonald’s, and O’Reilly Auto, along with additional nearby businesses. The offering materials note 35+ years of passive returns.
Economics in the remarks include a 7 cap (plus increases), with 10% increases every five years, and conservative underwriting factors of 8.5% rent to sales and nearly 4x rent coverage.
Key Highlights
- Year built 2020 signalized‑intersection drive‑through QSR location
- Adjacent to Safeway, Walmart, Starbucks, McDonald’s, O’Reilly Auto, and other national retailers
- New 19+ year absolute NNN sublease starts at close of escrow, with three additional 5‑year options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
384k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 21%
Superstores 17%
Home Improvements & Furnishings 9%
Walmart
Superstores
65,056 visits/mo
0.3 miles
McDonald's
Dining
32,308 visits/mo
0.2 miles
Safeway
Groceries
27,407 visits/mo
0.1 miles
SONIC Drive In
Dining
22,478 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
21,051 visits/mo
0.3 miles
Demographics for 85546, AZ
20,100
Population
7,831
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
84%
High-School Grad
696.5 sq mi
ZIP Area
29
Density / Sq Mi
$61,930
Median Household Income
$34,405
Median Earnings
$930
Median Rent
$192,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Signalized intersection drive-through restaurant with adjacent national retailers and an absolute NNN sublease.
Where is this nnn property located?
The property is located at 1990 W THATCHER BLVD Safford, AZ.
What is the asking price?
The asking price for this property is $2,813,800.
What are key features of this property?
This property features: Year built 2020 signalized‑intersection drive‑through QSR location; Adjacent to Safeway, Walmart, Starbucks, McDonald’s, O’Reilly Auto, and other national retailers; New 19+ year absolute NNN sublease starts at close of escrow, with three additional 5‑year options
