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Wingstop | Brand New 10 Yr Lease 208 N Grand Ave 2,154 SF Retail Building Nogales, AZ 85621 $2,061,774 CAD ($957.18 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 10-Year Lease with the Largest Wingstop Franchisee (115+ Units)
  • Recently Remodeled in 2025 with New Roof Coating, HVAC Units, Parking Lot Reseal and Striping, and 1,500 Gallon Grease Trap
  • Situated in the Heart of Downtown Nogales - Nearly 21,000 Residents Located within a 5-Mile Radius
  • 12% Rental Increases Every 5 Years with Multiple Renewal Options
  • Located Two Miles from the U.S./Mexico Border - Approximately 3.2 Million Pedestrians and 3.8 Million Vehicles Cross Annually
  • Surrounded by National Retailers - McDonald's, Burger King, Family Dollar, Food City, Peter Piper Pizza, Church's Chicken, and More

EXECUTIVE SUMMARY

Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,800 restaurants worldwide – with 98% of the total restaurant count owned by brand partners. Dedicated to Serving the World Flavor, the Flavor Experts offer cooked-to-order and hand sauced-and-tossed classic and boneless wings, tenders and chicken sandwiches, in fans’ choice of 12 bold, distinctive flavors, with signature sides and iconic housemade ranch and bleu cheese dips.
Nogales is a city in and the county seat of Arizona's Santa Cruz County. Home to over 20,000 residents and forms part of the larger Tucson-Nogales combined statistical area. Nogales forms Arizona's largest transborder agglomeration with its adjacent, much larger twin city, Nogales, Sonora, across the Mexican border.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,154 SF
Building Class
C
Year Built/Renovated
1976/2025
Price
$2,061,774 CAD
Price Per SF
$957.18 CAD
Cap Rate
6.50%
NOI
$134,008 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.59 AC
Opportunity Zone
Yes
Frontage
140’ on Grand Ave

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

NEARBY MAJOR RETAILERS

Wells Fargo
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
101-50-101
Land Assessment
$19,338 CAD
Improvements Assessment
$51,366 CAD
Total Assessment
$70,703 CAD
  • Listing ID: 35163388

  • Date on Market: 2025-03-17

  • Last Updated:

  • Address: 208 N Grand Ave, Nogales, AZ 85621

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