6272 2nd St - Retail FOR SALE


Prescott Valley, AZ 86314
$2,817,000 USD
949-506-2009
6272 2nd St, Prescott Valley, AZ for Sale
$2,817,000 USD
Retail - FOR SALE
1/6
null | 6% Cap Rate

6272 2nd St
Prescott Valley, AZ 86314


HIGHLIGHTS

  • New Construction | 15-Year Lease | 10% Increases Every 5 Years
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | 48,100 VPD on State Route 69
  • Affluent, Growing Prescott MSA Trade Area

OVERVIEW

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in Prescott Valley, Arizona. The tenant, T5 Prescott Valley AZ 056, LLC (dba Take 5 Oil Change) recently signed a brand new 15 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$2,817,000 USD

PRICE/SF

$1,959 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Take 5 Oil | 15-Yr Absolute NNN SLB

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CI

APN/PARCEL ID

103-08-048V

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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