NNN Carl's Jr Restaurant

NNN Carl's Jr Restaurant

Sold

1680 East Ash Street | Globe, AZ

$1,700,000 Marketing Sheet

This investment offering features a 2,325-square foot Carl’s Jr. located along East Ash Street (Highway 60) in Globe, AZ. Highway 60 is a main thoroughfare that runs east/west throughout Arizona and stops near the New Mexico border. East Ash Street is lined with major national tenants such as Taco Bell, Chevron, Motel 6, McDonald’s, Days Inn, Quality Inn, Subway, Pizza Hut and Jack in the Box, all within one-half mile from the subject property. The Gila County Courthouse is also within one-half mile of this Carl's Jr. The site is one block from the intersection where Highway 77 and Highway 70 meet Highway 60. Highway 70 is a major US highway that runs east/west from Globe, AZ all the way to North Carolina. The site previously operated as a KFC, but was renovated in 2013 and converted to Carl's Jr.

 

GLOBE, AZ

Globe is centrally located in Southern Arizona along the Historic Old West Highway, which takes you from Apache Junction, Arizona to Lordsburg, New Mexico. The city has a quaint downtown area with lots of antique and art shops and is just a short distance from the Pinal Mountains and the Roosevelt Lake. Globe is also within a two hour drive from Phoenix and Tucson. Globe also serves as a main rest stop for tourists driving through to visit Tonto National Forest.

Cap Rate: 6.35% NOI: $108,000 Livable Sq. Ft: 2,325

Built in 1994 1 Retail units Lot Sq. Ft: 0.82 Acres

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