763 Mcqueen Rd Gilbert, AZ 85233

This exceptional investment opportunity presents a 5,310 square foot auto shop in Gilbert, Arizona, built in 2022. The property boasts a strong 100% occupancy rate with a 15-year absolute NNN lease in place, offering significant long-term stability and minimal landlord responsibilities. The lease features annual rent escalations of 1.5% starting in year six, ensuring consistent income growth. The property's strong financial performance is reflected in its $4,510,000 asking price, a 6.25% cap rate, and a substantial net operating income (NOI) of $282,000. The tenant, Christian Brothers Automotive, is a well-established and rapidly expanding national chain with over 275 locations and a proven track record of success. Situated on a 1.003-acre lot at 763 N McQueen Rd, Gilbert, AZ 85233, the property benefits from high visibility and traffic counts exceeding 36,000 vehicles daily. The surrounding area features a dense population with an average household income well above the national average, providing a strong consumer base. Proximity to major retailers like Costco, Walmart, and Home Depot further enhances the property's desirability and potential for long-term value appreciation. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a secure, long-term lease and significant upside potential.