467 Highway 90
Sierra Vista, AZ
Price:
$3,738,000
Cap Rate:
5.35%
NOI:
$200,000
Building Size:
Approx. 2,297 Sq. Ft.
Lot Size:
Approx. 0.576 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2024
Investment Overview
- 2024 Construction. 2,297+/- SF Building on 0.576+/- Acre Site
- Brand New 20-Year Ground Lease with 10% Rental Increases Every 5 Years, In Primary Term & (4), 5-Year Options to Renew
- Located on Arizona Highway 90 (23,832+ VPD), the Main Road Running Through the City
- Prominent Retail Location – Down the Street from The Mall at Sierra Vista (400,000+ SF) & Surrounded by Many High-Traffic Retailers
- 5 Miles from Fort Huachuca, Home to the U.S. Army Intelligence Center of Excellence
- Popeyes Ranks As the World’s Second-Largest Quick-Service Chicken Brand with Over 4,178 Locations Worldwide
- Sierra Vista | The Largest City in Southeastern Arizona | Population: 45,489+