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Filiberto's 888 N Grand Canyon Blvd 3,407 SF Retail Building Williams, AZ 86046 $2,934,943 CAD ($861.45 CAD/SF) 5.75% Cap Rate



Investment Highlights
- "Gateway to the Grand Canyon" Drawing 5 Million Tourists Annually, With Other Popular Sites Including Bearizona Wildlife Park and Historic Route 66
- Founder Guaranty - The Lease is Guaranteed Personally By One of Filiberto’s Original Founders, Sergio Tenorio Sr.
- The Lease Features Two, Five-Year Renewal Option with Rental Increases
- Absolute Triple-Net (NNN) Lease with Filiberto's, a Popular Regional Chain with ±130 Locations Throughout Arizona, California, and New Mexico
- 10% Rental Increases Every 5 Years
- Located Directly at the I-40 Exit (19,050 CPD)
Executive Summary
Williams is driven heavily by tourism, earning its reputation as the “Gateway to the Grand Canyon” and drawing millions of tourists annually. The Grand Canyon Railway, which departs from Williams and travels to the national park, is one of the city’s largest attractions and employers. Visitors also flock to the town for its Route 66 nostalgia, access to outdoor recreation, and attractions such as Bearizona and scenic forest trails.
Filiberto’s, a popular 24-hour Mexican takeout restaurant, was first introduced to Arizona in 1993, when a store opened at Stapley Drive and Main Street in Mesa. Along with Arizona, Filiberto’s has locations in California and New Mexico.
Filiberto’s, a popular 24-hour Mexican takeout restaurant, was first introduced to Arizona in 1993, when a store opened at Stapley Drive and Main Street in Mesa. Along with Arizona, Filiberto’s has locations in California and New Mexico.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,407 SF
Building Class
C
Year Built/Renovated
1998/2025
Price
$2,934,943 CAD
Price Per SF
$861.45 CAD
Cap Rate
5.75%
NOI
$168,759 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.71 AC
Zoning
CBD - CBD, Central Business District
Parking
38 Spaces (11.15 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 200-09-017B | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $150,946 CAD |
Property Taxes
Parcel Number
200-09-017B
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$150,946 CAD
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Filiberto's | 888 N Grand Canyon Blvd
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