14234 Litchfield Rd - Auto Repair FOR SALE


Surprise, AZ 85379- South Surprise
$3,271,028 USD
216-292-7006
14234 Litchfield Rd, Surprise, AZ for Sale
$3,271,028 USD
Auto Repair - FOR SALE
1/5
null | 5.35% Cap Rate

14234 Litchfield Rd
Surprise, AZ 85379
South Surprise


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Express Oil Change & Tire Engineers Operates 422+ Locations Across 19 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
  • 220,546 Residents within a 5-Mile Radius in Growing Phoenix MSA Trade Area
  • Average Household Income Exceeds $109,000 within 1 Mile of the Subject Property

OVERVIEW

Express Oil Change & Tire Engineers is an American automotive maintenance brand with services including its signature 10 minute oil change, in addition to full-service mechanical, tires, brakes, and more general service offerings. The brand operates over 422 locations across 19 states. Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.

FOR SALE DETAILS

PRICE

$3,271,028 USD

PRICE/SF

$577 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Express Oil Change & Tire Engineers

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

1.01 AC

LAND SF

43,956 SF

ZONING

-

APN/PARCEL ID

509-17-975

ASK ABOUT THIS PROPERTY

Alex FrankelMarcus & MillichapMore Info
216-292-7006

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Alex FrankelMarcus & MillichapMore Info
216-292-7006

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