Buckeye, AZ - Angie's Burger

Description:

• The Lease is personally guaranteed by a former Salad & Go Founder
• Nearly 20 years remaining with 3 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and providing a hedge against inflation

• The asset is adjacent to Village Grove at Verrado, a 169,570 SF neighborhood center anchored by Fry’s (95th percentile, per placer.ai) and Ace Hardware
• The site is ideally located in Jack Rabbit Crossing, a future Aldi anchored center, significantly increasing consumer traffic to the subject center
• Other nearby national/credit tenants include Costco, Amazon, Dicks, Dollar Tree, Goodwill, and more
• Strong tenant synergy promotes crossover shopping to the subject property