Native Grill & Wings
Retail | 7.80% CAP | 5,616 SqFt
Marketing description
In 1978, Floyd and Judy Anderson and their daughters set off from Buffalo, New York to Arizona to follow their dream of owning and running a restaurant. They purchased a small local pizza joint, renamed it "Native New Yorker." The Andersons were the first to bring wings to Arizona, and almost immediately Native New Yorker began receiving awards for their wings. With strong ties to local organizations, including youth sports leagues, and school partnerships, Native Grill & Wings is strongly invested in Arizona communities, with locations in Texas and Illinois as well.
Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
Investment highlights
- 10 Years Remaining on an Triple-Net (NNN) Lease - Seasoned Location
- 2 Percent Rent Increases Every Year Throughout Initial Term and Each Option Period
- Ability to Earn Additional Rent when 8.5 Percent of Store Sales Exceeds Base Rent
- Over 212,210 Residents Within a Five-Mile Radius
- Easily Accessible by Interstate-19 (Over 75,750 Cars per Day)
- Situated Within Tucson Spectrum, an Over 960,000-Square-Foot Retail Power Center Serving South Tucson
- Outparcel to Harkins Theatres, one of the Busiest Theatres in the Tucson MSA
- Surrounded by National Retailers - Target, JCPenney, The Home Depot, Ross, Best Buy, Discount Tire, and More
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