5925 Broadway Blvd Tucson, AZ 85711
Call to check price and availability
High-profile NNN leased restaurant. Strong cap rate.
Property size:
30,086 SFProperty Features for 5925 Broadway Blvd
General Information
- Property type
- Restaurants
- Square Feet
- 30,086 SF
Listing Agency: Volk Company Commercial Real Estate Listing Agent: Andreas Castillo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents the fee simple ownership of a Peter Piper Pizza restaurant in Tucson, Arizona. Located on a high-traffic section of Broadway Boulevard, directly across from Park Place Mall, this 30,086 square foot property boasts outstanding visibility and accessibility. The property sits on an 80,168 square foot lot and benefits from a strong corporate guarantee through a 10-year net lease (NNN) with seven years remaining and two five-year renewal options. The current NOI is $400,840, yielding a 5.70% cap rate. The C-1 zoning allows for a variety of uses. This prime location is surrounded by numerous restaurants, entertainment venues, and retailers, ensuring consistent traffic and high visibility. The property's prominent location and strong tenant history make it an attractive investment with significant potential for long-term growth and return. The property's APN is 127-13-051D. Currently, the occupancy rate is 70%. This is a rare opportunity to acquire a fee simple interest (land and building) in a highly desirable location with a strong performing tenant.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Peter Piper Pizza
Restaurant
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.8660023
- Latitude
- 32.2225667
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - High-profile NNN leased restaurant. Strong cap rate.
Where is this restaurant located?
The property is located at 5925 Broadway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: High-visibility location directly across from Park Place Mall's main entrance.; Strong corporate lease guarantee in place.; Rare vacancy on high-traffic Broadway Boulevard.
