18415 N 35th Ave - Auto Repair FOR SALE


Phoenix, AZ 85053- Deer Valley
$2,468,000 USD
513-300-0763
18415 N 35th Ave, Phoenix, AZ for Sale
$2,468,000 USD
Auto Repair - FOR SALE
1/1
null | 5.5% Cap Rate

18415 N 35th Ave
Phoenix, AZ 85053
Deer Valley


HIGHLIGHTS

  • Absolute NNN Lease to Brakes Plus, Inc. with ±5 Years Remaining
  • The property is currently under an Absolute Triple Net (NNN) Lease to Brakes Plus, Inc., and has ZERO Landlord Responsibilities.
  • Located on Busy N 35th Ave (25,500+ ADT) – Close Proximity to I-17 & Loop 101
  • Great 1031 Exchange Option for Passive Investors

OVERVIEW

Introducing a premier investment opportunity in Phoenix, Arizona: 18415 NORTH 35th AVENUE. Priced at $2,468,000 with a solid 5.50% Cap Rate, this property features a single tenant NNN lease to Corporate Tenant Brakes Plus, Inc., offering a net income of $135,762 per year with zero landlord responsibilities. Conveniently situated in an infill location with high visibility on N 35th Ave (25,500+ ADT) near major highways I-17 and Loop 101, this property is ideal for passive investors seeking a secure 1031 exchange opportunity. The lease runs through June 2030 with two 5-year extension options, providing long-term stability and rental increases every 5 years. With a substantial population base and strong demographics in the surrounding areas, this property represents a lucrative investment in the thriving Phoenix market. Don't miss out on this lucrative investment - seize the opportunity at 18415 NORTH 35th AVENUE today!

FOR SALE DETAILS

PRICE

$2,468,000 USD

PRICE/SF

$537 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

C

APN/PARCEL ID

207-02-712

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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