Joe's Auto 9970 W Lower Buckeye Rd Local commercial 707 m² À vendre Tolleson, AZ 85353 3 365 193 € (4 759,87 €/m²) Taux de capitalisation 5,85 %

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.