For Sale
$1,750,000

1265 Ellsworth RdMesa, AZ 85209

High-yield NNN auto shop investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 1,421 square foot Take 5 Oil Change located at 1265 S Ellsworth Rd, Mesa, AZ 85209. The property sits on a 1.75-acre lot and boasts a brand new 20-year triple-net (NNN) lease with a corporate guarantee from Driven Funding Holdco, LLC (approximately 3,500 units), ensuring minimal landlord responsibilities. The lease commenced upon closing and includes a 6.00% cap rate and a substantial annual net operating income (NOI) of $105,000. The lease features attractive terms, including 1.50% annual rental increases and four, five-year renewal options, providing long-term stability and predictable cash flow. Built in 2024, this single-tenant property offers 100% occupancy and a price per square foot of $1,231.53, representing a compelling value proposition for discerning investors. The asking price for this turnkey investment is $1,750,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a prime location with a strong, creditworthy tenant. The property's strong financials and long-term lease make it an ideal addition to any investment portfolio.

Highlights

  • 1,421 SF Take 5 Oil Change on a 1.75-acre lot in Mesa, AZ.
  • Brand new 20-year triple-net (NNN) lease with no landlord responsibilities, corporate guarantee from Driven Funding Holdco, LLC (approx. 3,500 units).
  • Lease features 1.5% annual rent increases and four 5-year renewal options.

Property Details for 1265 Ellsworth Rd

Property type
Retail properties, Auto shops
Square Feet
1,421 SF
Year Built
2024
Lot Size (sq. ft)
76,230 SF

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.3922071
Longitude
-111.6327976
1265 Ellsworth Rd, Mesa, Arizona

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1265 Ellsworth Rd
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