Tucson, AZ 85714

Krispy Kreme Ground Lease

Property Address

1090 West Irvington Road, Tucson, AZ, USA

Offering Summary

  • Price: $2,500,000
  • Lot Size: .69 Acres
  • Cap Rate: 4.50%
  • Year Built: 2021
  • Building SF: 3,562
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 205,584 Residents within a 5-Mile Radius, Growing Tucson Trade Area
  • High-Quality 2021 Build with a Drive-Thru
  • Tenant is a 40-Unit Krispy Kreme Franchisee
  • Excellent Location Across From Tucson Spectrum - a Major Shopping Center with Retailers Including Target, The Home Depot, Harkins Theatres, JCPenney, PetSmart, Michaels, Old Navy, Best Buy, etc.
  • Adjacent to the Interstate-19 Freeway, the Primary Connector for Tucson and Phoenix
  • Located at the First and Last Major Retail Stop for 2.7 Million Annual Mexican National Visitors

Broker Information