1414 W Bell Rd - Freestanding FOR SALE


Phoenix, AZ 85023- Deer Valley
$1,264,810 USD
602-687-6694
1414 W Bell Rd, Phoenix, AZ for Sale
$1,264,810 USD
Freestanding - FOR SALE
1/5
null | 6.75% Cap Rate

1414 W Bell Rd
Phoenix, AZ 85023
Deer Valley


HIGHLIGHTS

  • 4 Years Remaining on Triple-Net (NNN) Ground Lease
  • 3% Annual Increase with Multiple Renewal Options
  • Excellent Frontage and Accessibility Along West Bell Road (38,000+ Cars per Day), a Major East-West Arterial Road Serving the Northern Phoenix MSA
  • Average Household Income Exceeds $82,000 in the Immediate Area
  • Located One Mile Off the I-17 Freeway (152,000+ Cars per Day), a Major Connector for the Phoenix Area

OVERVIEW

Jiffy Lube is a leading provider of automotive preventive maintenance. With a national footprint of more than 2,000 franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between. Besides oil changes, Jiffy Lube facilities provide maintenance services for air conditioning, fuel systems, and transmissions. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11thlargest metropolitan area.

FOR SALE DETAILS

PRICE

$1,264,810 USD

PRICE/SF

$403 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C-2

APN/PARCEL ID

208-19-032K

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.