Arcadia Salad & Go
Retail | 5.25% CAP | 698 SqFt
Marketing description
Top performing Salad & Go with double drive-thru
Strong investment grade credit
Absolute NNN Ground Lease with zero landlord responsibilities
Property ranked in the 78 percentile of all Salad & Go locations nationwide in visitor trip count in the past 12 months (Placer.ai)
Rent increases every 5 years
17 years remaining on the primary term
Investment highlights
Located at the signalized intersection of 44th and Oak St, which has a combined 65,648 vehicles per day (Newmark)
Located at the edge of the Arcadia neighborhood, which is undergoing significant gentrification and residential redevelopment in the adjacent zip codes
Anchored by Costco, Target, and Fry’s
Immediately adjacent to the #1 Costco Fuel Station in Arizona (Placer.ai)
Average HH income = $113,203 (3 mile radius)
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