1485 N Dysart Rd - Auto Repair FOR SALE


Avondale, AZ 85323- Coldwater
$2,195,000 USD
949-734-0243
1485 N Dysart Rd, Avondale, AZ for Sale
$2,195,000 USD
Auto Repair - FOR SALE
1/5
null | 5.51% Cap Rate

1485 N Dysart Rd
Avondale, AZ 85323
Coldwater


HIGHLIGHTS

  • Outparcel to Top-Performing Home Depot Anchored Center (2024: 81st Percentile Nationally; 84th Percentile Statewide – Source: CenterCheck)
  • Positioned at Signalized, Main-Entrance to Coldwater Plaza, a 400k+ Sq. Ft., Regional Power Center
  • Corporate Guaranteed (Driven Brands: 4,800 U.S. Locations), Absolute NNN Ground Lease, 10% Rental Increases Every 5 Years (Ease of Management)
  • Subject Property Benefits from High Visibility and Multiple Points of Convenient Ingress/Egress on North Dysart Road, a Primary Thoroughfare
  • Outstanding Traffic Counts of 57k CPD and Directly Adjacent to Interstate 10 On/Off-Ramps.
  • Dense Regional Shopping Destination with Significant National Credit Tenancy in the Immediate Trade Area

OVERVIEW

Newly Constructed, Corporate Guaranteed, Absolute NNN Ground Lease Take 5 Oil Change, Located at High Image, Signalized, Main Entrance Outparcel Intersection to Home Depot/Sam's Club Anchored Regional Power Center with over 5.4 Million Annual Visitors. This Corporate Guaranteed Investment Offering is backed by Driven Brands, Inc., One of the Largest Automotive Services Companies in the U.S. (over 5,000 Locations), Providing an Investor/Landlord a Truly Passive Absolute NNN Investment Property with a Highly Secure National Credit Tenant Income Stream and No Management Responsibilities. Constructed in 2023, the Subject Property Provides a Secure, Long-Term Absolute NNN Lease with 13+ Years Remaining on the Primary Lease Term, Scheduled 10% Base Rental Increases Every 5 years (Including at Each Renewal Option) and 4 (5-Year) Renewal Options.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$1,470 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Corp. Take 5 Oil Change; Pad to Power Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,402 SF

ZONING

C-2

APN/PARCEL ID

500-02-105

ASK ABOUT THIS PROPERTY

Jonathan SelznickJonathan Selznick - AZ Broker License #SE687186000More Info
949-734-0243

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Jonathan SelznickJonathan Selznick - AZ Broker License #SE687186000More Info
949-734-0243

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