Listed by Retail Investment Group LLC
$1,350,000
Saguaro Auto Repair & Restorations
Details
APN 131-09-0100
Property Type Retail
Sub Type Auto Shop
Square Footage 5,267
Cap Rate 8.48%
NOI $114,500
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Price per SqFt $256
Year Built 1969
Year Renovated 2025
Acreage 0.360
Zoning C-1
Investment Type Sale/Leaseback
Ground Lease No
Ownership Fee Simple
SLB 10 Yr Absolute NNN | 8.48% CAP | 5,267 SqFt
Marketing description
Retail Investment Group is pleased to present for sale this Saquaro Auto Repair & Restorations 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 $114,500/yr ($9,541.67/mo) - tenant pays all expenses, zero landlord responsibilities
- Tenant pays first year rent upfront, in full, at closing
- Automotive repair building with grade-level bays and roll-up doors, zoned C-1
- Long-tenured automotive location - operator on site since 1995 (31 years - 4 locations + Saguaro Calssic Cars)
- Fee Simple - (land & building ownership)
- E 22nd St commercial corridor, central Tucson - priced at $256.31/SF
Listing Contacts
Listed by Retail Investment Group LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,500.00
$9,541.67/mo
Valuation Metrics
0
DSCR
8.48%
Cap Rate
8.48%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Name
License
Is there information that looks off?
