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Desert Drifter 419 W Speedway Blvd 800 SF Retail Building Tucson, AZ 85705 $2,000,000 ($2,500/SF) 6% Cap Rate
Investment Highlights
- Brand New 15-Year NNN Lease with Increases
- New Contruction Drive Thru Asset
- Experience Coffee Operator
- Passive Real Estate Investment with a High Net Worth Personal Guaranty
Executive Summary
Surmount is pleased to present the exclusive listing for a Desert Drifter located at 419 W. Speedway Blvd, Tucson, AZ 85705. The site consists of roughly 800 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Desert Drifter is subject to a 15-year Triple Net (NNN) lease, which commenced 10/3/2025. The current annual rent is $120,000 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
800 SF
Building Class
B
Year Built
2025
Price
$2,000,000
Price Per SF
$2,500
Cap Rate
6%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
C3
Frontage
54’ on West Speedway Boulevard
Amenities
- Drive Thru
Bike Score®
Biker's Paradise (93)
Nearby Major Retailers
1 of 4
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Desert Drifter | 419 W Speedway Blvd
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