TUCSON, AZ (October 4, 2025) – A Filiberto’s Mexican Food restaurant located at 1987 W. River Road in Tucson has sold for $2,562,227 to Lyon & Lyon, Inc. of San Diego, California, in a 1031 Exchange. The seller was Oneten REI.
The newly constructed property is leased to Filiberto’s Mexican Food under a 20-year absolute net lease, providing the buyer with long-term, stable income. The quick-service restaurant chain operates numerous locations throughout Arizona and the Southwest, known for its authentic Mexican fare and 24-hour service.
Situated near La Cholla Boulevard and River Road, the location benefits from high traffic counts and a strong mix of nearby national retailers, including Fry’s Food & Drug, Planet Fitness, and Dutch Bros Coffee.
The transaction was brokered by Echo West Capital Advisors, with Ryan Moroney (Partner), Tim Westfall (Partner), and Jack McAndrew (Vice President) representing the parties.
This acquisition adds to Lyon & Lyon’s expanding portfolio of net-leased restaurant and retail properties across the Western United States.
Source: RED Comp #12134