3175 W Chandler Blvd - Auto Repair FOR SALE


Chandler, AZ 85226- West Chandler
$2,870,000 USD
602-538-7155
3175 W Chandler Blvd, Chandler, AZ for Sale
$2,870,000 USD
Auto Repair - FOR SALE
1/7
null | 5.75% Cap Rate

3175 W Chandler Blvd
Chandler, AZ 85226
West Chandler


HIGHLIGHTS

  • Corporate lease
  • Priced below replacement cost
  • Below market rents ($16.40 PSF)
  • Attractive 10% rent increases every 5 years
  • Located in immediate proximity to Chandler Fashion Center, a premier super-regional mall featuring over 180 retailers

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Firestone Complete Auto Care, a nationally recognized and industry-leading automotive service provider. The property is secured by a corporate-backed net lease with Bridgestone Retail Operations, offering investors a stable income stream supported by a globally recognized brand with a long operating history. Founded in 1900, Firestone has grown into one of the most established names in the automotive service and tire industry. Today, Firestone Complete Auto Care operates approximately 1,800+ locations nationwide and is part of Bridgestone Retail Operations, the largest network of company-owned automotive service providers in the world. Bridgestone Corporation, the parent company, is one of the largest tire manufacturers globally, generating over $30 billion in annual revenue and maintaining strong investment-grade credit metrics. The subject property is located at 3175 W Chandler Boulevard in Chandler, Arizona, within one of the premier retail corridors in the Southeast Valley. The site benefits from immediate proximity to Chandler Fashion Center, a dominant super-regional mall featuring over 180 retailers and serving as a major retail and entertainment destination. The surrounding trade area is densely populated, with more than 257,000 residents within a five-mile radius and strong household incomes supporting long-term retail demand. Positioned on approximately ±1.31 acres, the property consists of a ±10,060-square-foot automotive service facility originally constructed in 2001. The investment features approximately 3.5 years of remaining primary lease term with two five-year renewal options and attractive 10% rent increases every five years, providing continued income growth potential. This offering represents an opportunity to acquire a well-located Firestone Complete Auto Care investment with durable cash flow, below-market rental positioning, and long-term upside supported by a high-traffic retail corridor and one of the most established automotive service brands in the United States.

FOR SALE DETAILS

PRICE

$2,870,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firestone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

56,847 SF

ZONING

PAD

APN/PARCEL ID

301-65-886

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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