2635 Broadway RdMesa, AZ 85204
High-Yield NNN Auto Shop Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Brand-new, 1,418-square-foot Take 5 Oil Change on a 0.29-acre lot in Mesa, AZ.
- 20-year absolute triple-net (NNN) lease with a corporate guarantee from Driven Funding Holdco, LLC (3,500+ units).
- $110,000 annual net operating income (NOI) and a 6.00% capitalization rate.
- Four, five-year renewal options with 1.5% annual rent increases starting year two.
Property Details for 2635 Broadway Rd
- Property type
- Retail properties, Auto shops
- Square Feet
- 1,418 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 12,632 SF
Location Insight
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.4078042
- Longitude
- -111.774578
Nearby Similar for Sale
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