New 15-Year Absolute Triple-Net (NNN) Lease Renewal with Personal Guarantee from Original Filiberto’s Co-Founder and 2% Annual Rental Increases
Property Fully Remodeled in 2020 with New Roof, HVAC System, Parking Lot, Ceiling Tiles, Flooring, Interior/Exterior Paint, Bathrooms, Gutters, and Electronic Menu Boards
Tenant Has Been at Location Since 2014 and Recently Extended the Lease for 15 Years, Showing Strong Commitment to the Site
Immediate Proximity (3 Miles /10 Minute Drive Time) to The University of Arizona Campus with Over 44,800 Students, and Banner University Medical Center Tucson
275,500+ Residents within a 5-Mile Radius - Tucson MSA
Located Directly Beside Northgate Shopping Plaza - Anchored by Walmart Neighborhood Market and Shadow Anchored by VASA Fitness
Strong Daytime Population - 778,000+ within a 10-Mile Radius and 50,000+ Cars per Day along East Grant Road and North Alvernon Way
7 Minute Walking Distance to Tucson Botanical Gardens and Yume Japanese Gardens of Tucson, Among the Top 10 Gardening Tourist Destinations of North America
Average Household Income Exceeds $62,000 within 3 Miles