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NNN Retail Restaurant Lease
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888 N Grand Canyon Blvd, Williams, AZ 86046

Absolute triple-net lease with Filiberto's, including founder personal guaranty and scheduled rental increases.

Property Size3,407 SF
Price / SF$633.99
Days on Market91

Property Features for 888 N Grand Canyon Blvd

General Information

Standard status Active
Size 3,407 SF
Property subtype RETAIL

Site & Location

Traffic Count 19,050 vehicles/day
Highway Access Yes
Listing Agency: Marcus & Millichap | Phoenix
Listed By: Chris Lind · License #SA550593000
Source: Moodyscre
Added: May 13 Changed: Aug 10 Last Checked: Aug 10 at 11:13AM

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 Marcus & Millichap | Phoenix

Investment Insights

Based on property information with market context.

This sale features an absolute triple-net (NNN) retail restaurant lease with Filiberto’s. The lease includes a founder guaranty, personally guaranteed by one of Filiberto’s original founders, Sergio Tenorio Sr. Rental terms provide for 10% rental increases every five years, along with two, five-year renewal options with rental increases.

The property is located directly at the I-40 exit (19,050 CPD) and is across from downtown Williams and the historic Route 66.

The tenant’s location is positioned near popular visitor-oriented destinations, with immediate proximity to highly rated hotels including Hampton by Hilton and the Grand Canyon Railway & Hotel. The offering address is 888 N Grand Canyon Blvd, Williams, AZ 86046.

Key Highlights

  • Absolute triple‑net (NNN) lease with Filiberto's
  • Founder guaranty: personally guaranteed by Filiberto's original founder, Sergio Tenorio Sr.
  • 10% rental increases every 5 years

Property Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Building Supply Auto Parts Store Law Firm Parking Lot & Garage Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,050 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 86046, AZ

6,310
Population
3,572
Households
1.8
Avg Household Size
48
Median Age
21%
College-Educated
90%
High-School Grad
917.4 sq mi
ZIP Area
7
Density / Sq Mi
$74,583
Median Household Income
$38,616
Median Earnings
$1,186
Median Rent
$367,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Absolute triple-net lease with Filiberto's, including founder personal guaranty and scheduled rental increases.
Where is this retail space located?
The property is located at 888 N Grand Canyon Blvd Williams, AZ.
What is the asking price?
The asking price for this property is $2,160,000.
What are key features of this property?
This property features: Absolute triple‑net (NNN) lease with Filiberto's; Founder guaranty: personally guaranteed by Filiberto's original founder, Sergio Tenorio Sr.; 10% rental increases every 5 years
(602) 370-9255 Call to check price and availability
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