Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Phoenix
$2,572,000
New Take 5 Oil | Lowe's Outparcel | Primary Retail Corridor
Details
APN 212-07-002H
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 1,438
Units 1
Cap Rate 6%
NOI $154,320
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 6 (5-year)
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Acreage 0.300
Zoning Commercial
Parking Spaces 11 spaces
Parking per 1,000 SqFt 7.65
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Sale Condition Sale for leaseback
32,800 VPD | 50+ Unit Operator | 15-Yr NNN SLB
Investment highlights
Brand New 15-Year Lease | Franchisee Guaranteed | 10% Rental Increases | Brand New Construction
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Primary Regional Retail Corridor | S. White Mountain Road / US-260
Stable Regional Trade Area | Employment & Demographic Support
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
$154,320.00
$12,860.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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Property History
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