Drive-Through Restaurant NNN Ground
1990 W THATCHER BLVD Safford, AZ 85546
For Sale
Contact for pricing
Signalized intersection drive-through restaurant with adjacent national retailers and an absolute NNN sublease.
Property Size2,759 SF
Price / SF$1,058
Days on Market89
Property Features for 1990 W THATCHER BLVD
General Information
- Standard status
- Active
- Size
- 2,759 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing Agency:
Northmarq Capital, LLC
Listed By:
BJ Feller · License #IL 471007951
Source:
Crexi
Added: Apr 27
Changed: Jul 23
Last Checked: Jul 23 at 9:29AM
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
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
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 $2,920,000.
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
