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Tropical Smoothie Cafe 562 AZ Hwy-92

1,600 SF Retail Building Sierra Vista, AZ 85635 £1,504,507 (£940/SF) 6.24% Net Initial Yield

Investment Highlights

  • Brand New Construction
  • Only Tropical Smoothie Cafe in the Market
  • High Performing Location

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Tropical Smoothie Cafe located at 562 S. Highway 92, Sierra Vista, AZ 85635. The site consists of roughly 1,600 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Tropical Smoothie Cafe is subject to a 12-year Triple Net (NNN) lease, which commenced 3/8/2024. The current annual rent is $119,213 and has scheduled increases of 10.00% Every 5 Years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,600 SF
Year Built
2024
Price
£1,504,507
Price Per SF
£940
Net Initial Yield
6.24%
NOI
£93,904
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.60 AC
Parking
41 Spaces (25.63 Spaces per 1,000 SF Leased)
Frontage
267 ft on Arizona 92
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562 AZ Hwy-92, Sierra Vista, AZ - aerial map view
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Jpmorgan Chase & And Co
National Bank of Arizona
Bank of America
Mod Pizza
Chili's Grill & Bar
Buffalo Wild Wings
Bashas' Supermarkets
Native Grill & Wings
Olive Garden Italian Rstrnt
Navy Federal Credit Union

PROPERTY TAXES

Parcel Numbers
Multiple
  • 105-05-615B
  • 105-05-614C
 Improvements Assessment £202,166
Land Assessment £23,619 Total Assessment £225,785

PROPERTY TAXES

Parcel Numbers
Multiple
  • 105-05-615B
  • 105-05-614C
Land Assessment
£23,619
Improvements Assessment
£202,166
Total Assessment
£225,785
(310) 966-0122

Contacts

  • Listing ID: 34213214

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 562 AZ Hwy-92, Sierra Vista, AZ 85635

The Retail Property at 562 AZ Hwy-92, Sierra Vista, AZ 85635 is currently available for sale. Contact CBC Advisors for more information.

Nearby Listings

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562 AZ Hwy-92, Sierra Vista, AZ for sale Building Photo- Image 1 of 3
562 S Hwy 92 - Sierra Vista, AZ - Main
562 AZ Hwy-92, Sierra Vista, AZ for sale Aerial- Image 2 of 3
562 S Hwy 92 - Sierra Vista, AZ - Aerial

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© 2024 CoStar Group

Tropical Smoothie Cafe | 562 AZ Hwy-92
(310) 966-0122 x

Tropical Smoothie Cafe | 562 AZ Hwy-92

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Thomas Jonsson

(310) 966-0122

(310) 966-0122

Jonathan Eckerd

(480) 252-0226

(480) 252-0226

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