1330 Sossaman Rd - Auto Repair FOR SALE


Mesa, AZ 85209- Superstition Springs
$2,316,000 USD
602-687-6650
1330 Sossaman Rd, Mesa, AZ for Sale
$2,316,000 USD
Auto Repair - FOR SALE
1/5
null | 4.75% Cap Rate

1330 Sossaman Rd
Mesa, AZ 85209
Superstition Springs


HIGHLIGHTS

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Valvoline Guaranty (NYSE: VVV)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New High-Quality 2025 Construction
  • Adjacent to the #1 Costco in the Phoenix MSA - Ranked in the Top 5% in Arizona and the Top 13% Nationwide per Placer.ai
  • 269,878 Residents within a 5-Mile Radius in Dense Mesa Infill - Phoenix MSA
  • Immediately Off the US-60 Freeway (187,300+ Cars per Day)

OVERVIEW

Valvoline Inc. (NYSE: VVV) is an industry leader in automotive service innovations. With an average consumer rating of 4.6 out of 5 stars (based on a survey of more than 600,000 Valvoline Instant Oil Change customers annually), Valvoline upholds a legacy of transparency and convenience that simplifies consumers' lives. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

FOR SALE DETAILS

PRICE

$2,316,000 USD

PRICE/SF

$1,113 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

218-56-970

ASK ABOUT THIS PROPERTY

Zack HouseMarcus & MillichapMore Info
602-687-6650

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Zack HouseMarcus & MillichapMore Info
602-687-6650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.