For Sale
$1,259,000

1305 Thatcher BlvdSafford, AZ 85546

High-yield, fee-simple QSR property. Strong tenant, long lease.

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • Brand new 15-year lease with scheduled rent increases.
  • Absolute NNN lease; fee simple ownership; no landlord responsibilities.
  • High-visibility corner location with national credit tenants, near multiple schools.
  • Strong demographics within a 5-mile radius.

Property Details for 1305 Thatcher Blvd

Property type
Retail properties, Restaurants
Square Feet
3,775 SF
Year Built
1995
Lot Size (sq. ft)
57,064 SF

Location Insight

City
Safford
County
Graham
State
Arizona
Latitude
32.834391
Longitude
-109.7230567
1305 Thatcher Blvd, Safford, Arizona

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1305 Thatcher Blvd
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