Listed by Retail Investment Group LLC
$648,585
Saguaro Classic Cars
Details
APN 131-09-0110
Property Type Retail
Sub Type Auto Shop
Square Footage 2,490
Units 1
Cap Rate 8.48%
NOI $55,000
Occupancy 100%
Tenancy Single
Brand/Tenant Saguaro Classic Cars
Lease Type Absolute NNN
Rent Bumps Yes
Year Built 1959
Year Renovated 2025
Buildings 1
Acreage 0.340
Zoning C-1
Investment Type Sale/Leaseback
Ground Lease No
Ownership Fee Simple
SLB 10 Yr Absolute NNN | 8.48% CAP | 2,490 SqFt
Marketing description
Retail Investment Group is pleased to present for sale this Saguaro Classic Cars in Tucson, Arizona with an estimated population of over 500,000 as of 2025. This sale-leaseback features a brand-new 10-year Absolute NNN lease commencing at close of escrow.
Investment highlights
- Sale-leaseback: brand-new 10-year Absolute NNN lease commencing at close of escrow
- 1% annually during initial term - Two 5-year options with 10% rent increases at the start of each option period
- $7,000,000 personal guarantee
- Base rent $55,000/yr ($4,583.33/mo) - tenant pays all expenses, zero landlord responsibilities
- Tenant pays first year rent upfront, in full, at closing
- Classic car restoration operator (Saguaro Restorations) - approx. 32 years at this location
- Automotive / specialty retail building with grade-level bays and roll-up doors, zoned C-1
- Fee Simple - (land & building ownership)
- E 22nd St commercial corridor, central Tucson
Listing Contacts
Listed by Retail Investment Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,000.00
$4,583.33/mo
Valuation Metrics
0
DSCR
8.48%
Cap Rate
8.48%
ROI
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