1840 N Lindsay Rd - Freestanding FOR SALE


Mesa, AZ 85213- Central Mesa | 
$4,261,000 USD
602-687-6780
1840 N Lindsay Rd, Mesa, AZ for Sale
$4,261,000 USD
Freestanding - FOR SALE
1/4
null | 5.75% Cap Rate

1840 N Lindsay Rd
Mesa, AZ 85213
Central Mesa


HIGHLIGHTS

  • Five Years Remaining on Absolute Triple-Net (NNN) Lease
  • 6.25% Rental Increases Every Five Years with Multiple Renewal Options
  • Corporate Guaranty by Bridgestone - S&P A-Rated Company with ±2,200 Locations
  • Adjacent to Walmart Neighborhood Market and Surrounded by Other National Retailers: Black Rock Coffee Bar, Walgreens, Bank of America, and More
  • 258,544 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
  • Average Household Income Exceeds $153,000 in the Immediate Area

OVERVIEW

Firestone is best known for its range of tires used in passenger vehicles, trucks, and commercial vehicles. The company offers a wide variety of tires, from performance and all-season tires to heavy-duty and agricultural tires. Besides tires, Firestone also provides a variety of automotive services, such as car repairs, maintenance, and alignment, through a network of retail locations called Firestone Complete Auto Care. 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

$4,261,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firestone Complete Auto Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C-2, Mesa

APN/PARCEL ID

141-09-216

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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