11429 N Saguaro Blvd - Auto Repair FOR SALE
Fountain Hills, AZ 85268 |
$1,200,000 USD
513-300-0763
11429 N Saguaro Blvd
Fountain Hills, AZ 85268
HIGHLIGHTS
- Prime Location: 11429 N Saguaro Blvd, Fountain Hills, AZ 85268 – excellent frontage with ~18,000 vehicles per day.
- Proven Operator: Tenant in place since 2000, backed by a personal guaranty.
- Building & Site: 4,740 SF building on 0.57 acres with functional automotive layout and easy access.
- Absolute NNN Lease: No landlord responsibilities. Annual Increases: $6,000 annual rent bumps during the base term; 2% annual escalations in option per
- Lease Extension: New 5-year lease commenced on May 2025, with two (2) additional 5-year extension options available.
- Below Market Rent: Tenant is currently paying $15.18/SF, while market rent is $26.09/SF.
OVERVIEW
This property is located in Fountain Hills, AZ. It is a 4,740 SF Big O Tires which sits on
0.57 acres along N Saguaro Blvd with visibility to ~18,000 vehicles per day. Tenant
recently signed a new 5-year absolute NNN lease, commenced on May 1, 2025, with
$6,000 annual rent increases during the primary term. The lease also includes two
5-year renewal options with 2% annual increases each year.
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$253 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Big O Tires
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.57 AC
LAND SF
24,960 SF
ZONING
C-2, Fountain Hills
APN/PARCEL ID
176-08-469A
ASK ABOUT THIS PROPERTY
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513-300-0763
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513-300-0763
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