9970 W Lower Buckeye Rd - Auto Repair FOR SALE


Tolleson, AZ 85353
$3,900,000 USD
408-472-6888
9970 W Lower Buckeye Rd, Tolleson, AZ for Sale
$3,900,000 USD
Auto Repair - FOR SALE
1/5
null | 5.85% Cap Rate

9970 W Lower Buckeye Rd
Tolleson, AZ 85353


HIGHLIGHTS

  • Located across from Pecan Promenade, a major retail center anchored by Target, Ross, and LA Fitness.
  • Single-tenant NNN lease with minimal landlord responsibilities and long-term stability.
  • Tenant operates 10 locations and has served the Phoenix market for over 30 years.
  • Recently updated with new HVAC, fresh interior/exterior paint, and resurfaced parking lot.
  • Strong local demographics with over 76,000 residents and average household income exceeding $84,000 within a 3-mile radius.
  • Convenient ingress and egress with excellent visibility along West Lower Buckeye Road.

OVERVIEW

This single-tenant net lease auto repair facility offers a stable investment opportunity in the thriving Phoenix metropolitan area. Located at 9970 West Lower Buckeye Road in Tolleson, AZ, the property is strategically positioned across from the Pecan Promenade, a major retail center anchored by Target, Ross, LA Fitness, and Starbucks. The building spans approximately 7,610 square feet on a 52,129-square-foot parcel and features a tilt-up concrete block structure, new HVAC system, and recently resurfaced and restriped parking lot with 37 spaces. The tenant, Joe’s Auto, is a leading automotive service provider with over 30 years of experience and 10 locations across the Phoenix Valley. The lease is structured as a triple-net (NNN) agreement, minimizing landlord responsibilities to structural elements and portions of the roof. The initial 10-year term includes two five-year renewal options and 10% rent escalations every five years, providing predictable income growth. With a list price of $3,900,000 and a cap rate of 5.85%, this property offers investors a secure, long-term income stream backed by a well-established tenant in a high-growth trade area.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$512 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joe's Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C-2

APN/PARCEL ID

101-15-908

ASK ABOUT THIS PROPERTY

Roger OserTranswestern Real Estate ServicesMore Info
408-472-6888

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Roger OserTranswestern Real Estate ServicesMore Info
408-472-6888

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