Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Phoenix
$1,619,000
Take 5 Oil Change
Details
APN 501-11-992
Property Type Retail
Sub Type Auto Shop
Square Footage 1,400
Cap Rate 5.25%
NOI $85,000
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $1,156
Acreage 0.750
Zoning PAD: Planned Area Development
Parking Spaces spaces
Tenant Credit Corporate Guarantee
Ground Lease Yes
Ownership Leased Fee (Land Only)
Retail | 5.25% CAP | 1,400 SqFt
Investment highlights
- Brand New 10-Year Ground Lease | Options To Extend | Scheduled Rental Increases
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Brand New Development | Retail Corridor | Growing Community |Strong National/Credit Tenant Presence
- Strong Demographics In The Immediate Trade Area
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
$85,000.00
$7,083.33/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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