Chick Fil A - The Bridges - Tucson, AZ

JLL is pleased to present the exclusive opportunity to acquire the single-tenant Chick-fil-A located at 3530 South Kino Pkwy, Tucson, AZ in The Bridges (“Property” or the “Asset”). Chick-fil-A is operating on an absolute NNN ground lease with ±15.0 years of primary lease term remaining, and 10% rent increase every five years, eight, five-year renewal options.

Chick-Fil-A is one of America’s most iconic fast food restaurant brands with a famously dedicated following. With average annual unit-level sales exceeding $9.4 million and a growing footprint of over 3,000 locations, Chick-fil-A remains the most sought-after restaurant brand in the net lease market.

The Property is strategically located in Tucson, Arizona, the second largest city in the state. The location benefits from a dense, infill demographic, with a population of over 249,000 within a five-mile radius. Situated along Interstate 10, Chick-Fil-A benefits from high traffic volume, with over 112,000 vehicles passing by each day.

The Property is part of a 350-acre master-planned development that includes a corporate office district anchored by GEICO’s regional headquarters, a creative office and educational district featuring JTED’s technical education campus, and Brioso, a Spanish-inspired residential community. The Property is also adjacent to the UA Tech Park and Tucson Marketplace, an 850,000-square-foot regional super center. Located along I-10, The Bridges benefits from direct accessibility and high traffic volume, exceeding 112,000 vehicles per day. Chick-Fil-A benefits from being adjacent to Tucson Marketplace at the Bridges, a top shopping center in Arizona and the nation attracting 5.9 million visits annually.