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Investment Highlights

  • Absolute NNN Ground Lease
  • Strong Corporate Guaranty
  • Less than 2 miles from the University of Arizona Tech Park, over 2 million square feet, home to more than 85 tenants
  • Long term primary lease - 18 years remaining
  • 2024 Construction
  • Across from Houghton Town Center, a shopping mall with national credit tenants such as The Home Depot, Walmart Supercenter, Ross, Petco, McDonald’s an

Executive Summary

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.

Property Facts

Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,000 SF
Building Class
B
Year Built
2024
Price
$1,620,000
Price Per SF
$1,620
Cap Rate
5.78%
NOI
$93,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.13 AC

Amenities

  • Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

F45 Training, Inc.
Native Grill & Wings
Freddy's Frozen Custard & Steakburgers
MOD Pizza
Denny's
Filiberto's Mexican Food
Bank of America

Property Taxes

Property Taxes

Parcel Number
141-18-5860
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$189,929
  • Listing ID: 40149116

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 10071 E Old Vail Rd, Tucson, AZ 85747

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