Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Phoenix
$2,689,000
New Take 5 Oil | 15-Yr SLB | 50+ Unit Operator
Details
APN 126-18-114B
Property Type Retail
Sub Type Storefront
Square Footage 1,412
Units 1
Cap Rate 6%
NOI $161,339
Occupancy 100%
Tenancy Single
Brand/Tenant Jiffy Lube, Take 5 Oil Change
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5 (5-Year)
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Acreage 0.460
Parking Spaces 6 spaces
Parking per 1,000 SqFt 4.25
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Sale Condition Sale for leaseback
29+ Unit Guarantor | 10% Rent Bumps every 5 Years
Investment highlights
Brand New 15-Year Lease | Franchisee Guaranteed | 10% Rental Increases | Brand New Construction
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Dominant Infill Retail Trade Area | National Retailers & Daily Draws
Strong Demographics | Dense Infill Tucson Market
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Phoenix
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$161,339.00
$13,444.92/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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Property History
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