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    OFF-MARKET
    Retail properties & Spaces

    1014 Main St, Tuba City, AZ 86045

    2,486 SF 1.13 ac lot Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2,486 square foot Taco Bell restaurant located at 1014 Main St, Tuba City, AZ 86045. The property sits on a 1.13-acre lot and boasts a strong 100% occupancy rate under a Net Lease (NNN) agreement. The current lease, with a franchisee tenant, commenced November 22, 2006, and extends to November 21, 2036, offering a substantial remaining lease term of 12 years. Rent increases are built in, with a 10% bump every five years, ensuring consistent income growth. The property generates a significant Net Operating Income (NOI) of $125,912, resulting in an attractive 6.25% capitalization rate. Built in 2006, this well-established Taco Bell benefits from its strategic location just off U.S. Route 89, a primary thoroughfare in Northern Arizona. The property is situated in a growing trade area with nearly 9,500 residents within a 5-mile radius. The tenant recently executed a 10-year lease extension, demonstrating a long-term commitment to the location. This is a rare opportunity to acquire a stable, high-performing asset with a proven track record in a thriving market. The asking price is $2,015,000, translating to $810.54 per square foot. The property offers a compelling combination of strong tenant performance, a long-term lease, and a desirable location, making it an ideal addition to any investment portfolio. The tenant is a growing franchisee with 185+ locations under multiple brands.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 2,486 SF
    Lot 1.13 ac (49,223 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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