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208 N Grand Ave
Nogales, AZ 85621

Filiberto's - 120+ Unit Operator · Retail Property For Sale

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with 2.5% Annual Rental Increases
  • New 2022 Remodel Featuring New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • 21,650 Residents within a Five-Mile Radius
  • Personal Guaranty from Original Filiberto's Co-Founder
  • Located Two Miles from the U.S./Mexico Border - Approximately 3 Million Pedestrians and 3 Million Vehicles Cross Annually
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,154 SF
Building Class
C
Year Built/Renovated
1976/2022
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.59 AC
Frontage
140 ft on Grand Ave

Amenities

  • 24 Hour Access
  • Bus Route
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
101-50-101
Land Assessment
£10,984
Improvements Assessment
£27,691
Total Assessment
£38,675
  • Listing ID: 27858814

  • Date on Market: 01/03/2023

  • Last Updated:

  • Address: 208 N Grand Ave, Nogales, AZ 85621

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