1305 Thatcher Blvd Safford, AZ 85546-3304
- Turn key restaurants
- 3,775 SF
- 1.31 lot acres
Jan 17, 2025
Current Use by Public Records
- Pizza Hut / Take-out & Catering
Property Details for 1305 Thatcher Blvd
- Year built
- 1995
- Construction
- CONCRETE
- Lot size
- 1.31 lot acres
- Property size
- 3,775 SF
- Property type
- Turn key restaurants
- APN
- 102-18-063D
- APU
- 10218063D
Description
This exceptional investment opportunity presents a fee-simple ownership of a 3,775 square foot Pizza Hut restaurant located at 1305 W Thatcher Blvd, Safford, Arizona, 85546. The property sits on a 1.31-acre lot and boasts a brand new 15-year absolute NNN lease with a well-established franchisee tenant. The asking price is $1,259,000, representing a price per square foot of $333.51 and a 5.75% cap rate based on a current Net Operating Income (NOI) of $72,375. Built in 1995, this single-tenant property enjoys 100% occupancy. The lease includes four 5-year options with 10% rental increases every five years throughout the initial term and options, providing predictable and growing income. The property benefits from a highly visible location at a signalized, hard corner intersection, and is conveniently situated near multiple schools. Strong demographics within a 5-mile radius further enhance the investment potential. The property's APN is 102-18-063D. This is a truly passive investment opportunity with zero landlord responsibilities.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,095,000
- ML approach
- $1,190,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Safford
- County
- Graham
- State
- Arizona
- Longitude
- -109.723
- Latitude
- 32.8342
- CBSA code
- 40940
- CBSA name
- SAFFORD, AZ MICROPOLITAN STATISTICAL AREA
