- Single-tenant Hawaiian Bros investment opportunity, featuring a brand-new 15-year absolute triple-net (NNN) lease with attractive 2.5% annual rental increases.
- ???????Founded in 2018, Hawaiian Bros operates ±63 locations in 9 states (Source: Hawaiianbros.com).
- Stine Enterprises, the franchisee, is well-established franchisee with 87 Jack in the Box restaurants, 14 Denny’s restaurants, and has plans to develop over 75 Hawaiian Bros restaurants in Arizona and Texas. Their corporate entity is guaranteeing this lease.
- The Property is directly across the street from Bell Towne Centre and Bell Towne Plaza - a ±533,417 square-foot shopping center anchored by a Super Target, Sprouts Farmers Market, and LA Fitness.
- The Property is a hard corner to the signaled intersection of Bell Rd and N 3rd St and just off the heavy traveled intersection of Bell Rd (±48,639 VPD) and N 7th St (±41,274 VPD).
- North Canyon High School (±1,842 students) and Thunderbird High School (±1,540 students) are within 10 minutes from the Property (Source: USnews.com).
- Strong demographics support the Property with a population of ±139,968 and an average household income of ±$102,404 in a 3-mile radius.
- National retailers in the immediate proximity include Walgreens, Ross Dress for Less, Winco Foods, Panera Bread, Five Guys, Chipotle, Dave’s Hot Chicken, Jimmy John’s, El Pollo Loco, McDonald’s, Starbucks, Bank of America, Chase Bank, Arby’s, Panda Express, Wendy’s, and many more.