For Sale
$2,149,000

2250 Az-95 Bullhead City, AZ 86442

Arizona Auto Shop NNN Lease

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fee-simple ownership of a 1,438 square foot Take 5 Oil Change, located at 2250 AZ-95, Bullhead City, AZ 86442. The property, built in 2022, sits on a 0.73-acre lot and includes 9 parking spaces. It benefits from a strong 15-year absolute triple-net (NNN) lease commencing May 1, 2024, and expiring April 30, 2039, with a remaining term of 14.5 years. The lease includes 10% rent bumps every 5 years, starting in year 6. The current annual net operating income (NOI) is $128,931, representing a 6.00% cap rate on the asking price of $2,149,000. The property is zoned commercial (APN: 220-51-001G) and enjoys a 100% occupancy rate. Its strategic outparcel location within a prominent shopping center, alongside Smart N Final and Hobby Lobby, ensures high visibility and accessibility. The property's success is further bolstered by the tenant's robust growth trajectory, with plans to expand to approximately 150 locations in the region by the end of 2024. Take 5 Oil Change is a rapidly expanding national brand with over 800 locations across 18 states. This investment offers a compelling combination of strong tenant performance, long-term lease security, and significant upside potential in a thriving market.

Highlights

  • Brand-new, state-of-the-art construction.
  • Absolute triple-net (NNN) lease; no landlord responsibilities.
  • 15-year lease with 10% rent increases every five years starting in year six.
  • Guaranteed by a high-growth operator targeting 50+ locations in the area by 2024.
  • Outparcel to a dominant regional shopping center.
  • Excellent traffic counts and demographics.

Property Details for 2250 Az-95

Property type
Retail properties, Retail space
Square Feet
1,438 SF
Year Built
2022
Lot Size (sq. ft)
31,799 SF

Location Insight

City
Bullhead City
County
Mohave
State
Arizona
Latitude
35.1055865
Longitude
-114.5943525

FAQs

What type of property is this?
Retail property - Arizona Auto Shop NNN Lease
Where is the retail property located?
The property is located at 2250 Az-95 Bullhead City, AZ.
What is the asking price?
The asking price for this property is $2,149,000.
What are key features of this property?
This property features: Brand-new, state-of-the-art construction.; Absolute triple-net (NNN) lease; no landlord responsibilities.; 15-year lease with 10% rent increases every five years starting in year six.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2250 Az-95
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