Salad and Go | 20 Year Absolute NNN Ground Lease
New Construction | 5.78% CAP | Strong Corporate Guaranty
Marketing description
Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Salad and Go, an innovative drive-thru restaurant concept focused on fresh, nutritious, and affordable food. The property is secured by a corporate-guaranteed absolute NNN ground lease, offering investors a stable and passive income stream with no landlord responsibilities and long-term lease security.
Founded in 2013 in Gilbert, Arizona, Salad and Go has established itself as a differentiated player within the quick-service restaurant sector through its drive-thru-only model centered on healthy, convenient food at accessible price points. The company is headquartered in Phoenix and operates more than 70 locations across Arizona and Nevada, employing approximately 1,000 people. Supported by a vertically integrated operating model and strong brand recognition throughout its home state, Salad and Go has built a scalable platform designed to maintain consistency, efficiency, and value as it expands across its core markets.
The subject property is strategically located along Old Vail Road in Tucson, Arizona, a highly visible corridor with traffic counts exceeding 28,000 vehicles per day. The site is situated less than two miles from the University of Arizona Tech Park, a major employment hub encompassing over two million square feet and more than 85 tenants. Additionally, the property benefits from proximity to Houghton Town Center, a dominant retail destination featuring national tenants such as The Home Depot, Walmart Supercenter, Ross, Petco, and McDonald’s. The surrounding area is characterized by strong demographics, including average household incomes exceeding $144,000 within a one-mile radius, supporting long-term consumer demand and site performance.
This offering represents an opportunity to acquire a high-quality, newly constructed net lease asset with durable cash flow, minimal management responsibility, and long-term upside supported by a health-focused restaurant operator.
Investment highlights
INVESTMENT HIGHLIGHTS
• Absolute NNN Ground Lease
• Long term primary lease - 18 years remaining
• Strong Corporate Guaranty
• 2024 Construction
TENANT HIGHLIGHTS
• ±70 locations across Arizona and Nevada
• Approximately 1,000 employees
• Drive thru only restaurant offering healthy meals on the go
• www.saladandgo.com
LOCATION HIGHLIGHTS
• Less than 2 miles from the University of Arizona Tech Park, over 2 million square feet, home to more than 85 tenants
• Highly visible location with frontage on Old Vail Rd, a major arterial with traffic counts of ±28,721 VPD at nearby intersection
• Across from Houghton Town Center, a shopping mall with national credit tenants such as The Home Depot, Walmart Supercenter, Ross, Petco, McDonald’s and more
• High average household incomes over $144,000 in a 1 mile radius
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