1485 N Dysart Rd - Auto Repair FOR SALE


Avondale, AZ 85323- Coldwater
$2,250,000 USD
949-734-0243
1485 N Dysart Rd, Avondale, AZ for Sale
$2,250,000 USD
Auto Repair - FOR SALE
1/5
null | 5.38% Cap Rate

1485 N Dysart Rd
Avondale, AZ 85323
Coldwater


HIGHLIGHTS

  • Corporate Take 5 Oil Change Fee Simple Ground Lease (Driven Brands Guaranty)
  • High Image, Signalized, Main Entrance Outparcel Intersection to Home Depot/Sam's Club Anchored Regional Power Center with 5.4 Million Annual Visitors
  • Constructed in 2023, Long-Term Abs. (NNN) Ground Lease (13+ Years Remaining on Primary Lease Term; 10% Rent Increases Every 5 Yrs.; 4 (5-Year) Options
  • High Traffic Location – Located Directly Off of I-10 (219,000 VPD) & Dysart Rd (57,000 VPD) – Signalized Intersection Outparcel to Major Power Center
  • Dense and Affluent Population and Income Demographics
  • Phoenix MSA is 10th Largest in the U.S. & 9th Fastest Growing MSA in the U.S. from 2010-2025

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

$2,250,000 USD

PRICE/SF

$1,507 USD /SF

CAP RATE

5.38%

% 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.